Mon, Mar 25, 2024
PPF: Public provident fund is one of the popular post office schemes that falls in the Exempt-Exempt-Exempt (E-E-E) category. It means deposits, interest and withdrawals under the scheme are tax exempt. The scheme provides tax benefits on deposits of up to Rs 1.50 lakh under Section 80C of the Income Tax Act. The lock-in period is 15 years but one can get indefinite extensions of five years of blocks. If one continues their investment in the scheme for a certain period, they can generate a retirement corpus of over Rs 2.25 crore, of which over Rs 1.74 crore will come only through interest. Know calculations.
More >
Fri, Feb 23, 2024
PPF offers tax exemption, coupled with the allure of tax-free returns, making it a preferred choice over other investment options.
Tue, Feb 13, 2024
There are many investment schemes such as Public Provident Fund, National Pension Scheme, Fixed Deposit, ELSS, and Tax-free Bonds, where senior citizens may get good returns and tax exemption up to Rs 2 lakh. Know about such schemes here-
Thu, May 28, 2020
Public Provident Fund or PPF has remained a sought after investment scheme for a long time now. The current coronavirus crisis which has smashed stock markets across the world, has further underlined the importance of investing in schemes that guarantee fixed returns.
Wed, May 27, 2020
PPF Account: During any kind of financial crisis an account holder can take loan from one's Public Provident Fund Account against the PPF balance accumulated during the investment period.
Thu, May 14, 2020
PPF vs GPF: The Central Government employees have to mandatory contribute in their Provident Fund (PF) account and in the General Provident Fund (GPF) account.
Wed, May 13, 2020
The coronavirus outbreak has put a lot of people in a tricky spot. Several companies have been forced to put salaries on hold while those who were self-employed have no source of income left with most businesses shut during lockdown.
Fri, May 01, 2020
PPF Calculator: Earning a salary is not enough. If you want more money, then you will have to do this and it will ensure wealth keeps flowing non-stop in your bank account!
PPF vs VPF: Rule 72 calculator suggests that VPF investment at current 8.5 per cent annual interest will double the money in 8.5 years while PPF at current 7.1 per cent annual interest rate will double the money in 10.11 years.
Thu, Apr 30, 2020
Public Provident Fund or PPF has remained a popular investment option in India due to its risk-free nature and assured return guarantee. The scheme also offers you tax benefits under Section 80C of the Income Tax Act.
Tue, Apr 28, 2020
PPF Account: In a financial crisis, which some of us may be facing due to the Coronavirus lockdown, PPF allows account holders to take a loan even against their balance.
Sat, Apr 25, 2020
PPF Calculator: Public Provident Fund or PPF account is generally considered a retirement-oriented investment fund. But, if you take PPF rate of interest into your portfolio seriously, then it can help you create a huge amount in 15 years.
Tue, Apr 21, 2020
7th Pay Commission Report: After the 7th CPC report recommendations were implemented by the central government, various changes have taken place in the last four years.
If you have been ignorant towards your investments all these years, the ongoing coronavirus outbreak should come as an eye opener for you. Any investment made at the right time would have come in handy in the current scenario.
Sat, Apr 18, 2020
PPF vs NPS: The Government of India has made available a number of schemes where people can save money.
PPF Calculator: Assuming Rs 6,000 per month investment in PPF account from the age of 25, a salaried person can expect to invest for around 35 years till his or her retirement.
Thu, Apr 16, 2020
PPF calculator: The ongoing coronavirus outbreak has changed people's spending habits for good. As people continue to remain indoors, money is being spent on essential goods.
Wed, Apr 15, 2020
PPF Calculator: If earning individuals start investing in PPF account in early phase of career, they can definitely be able to invest in PPF account for 25-30 years.
Sat, Apr 11, 2020
Providing big relief to the PPF, Sukanya Samriddhi Yojana, and recurring deposit investors, the India Post department has announced extension of the time limit for ensuring minimum balance.
Tue, Apr 07, 2020
PPF Calculator: Though PPF interest rate has been slashed, tax and investment experts are of the opinion that PPF account is still best investment tool for a salaried person.
Wed, Apr 01, 2020
Small saving schemes like Sukanya Samriddhi Yojana, Senior Citizen Saving Scheme or SCSS, National Saving Certificate or NSC attract interest rate available at the time of account opening.
Small Saving Schemes: The Narendra Modi Government has decided to cut the small savings schemes interest rates and make a level playing field for the banks.
Fri, Mar 27, 2020
SBI PPF Account: In SBI Public Provident Fund Scheme, loans and withdrawals are permitted depending upon the age of the account and balances as on the specified dates.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.