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PPF is a government-backed investment which currently offers an interest rate of 7.1%. (AI image) Public Provident Fund or PPF is one of the most popular investment options available – and one that can make you a crorepati with disciplined investing. In fact if you were to start a PPF account by the age of…
PPF rules: Interest forfeiture applies exclusively to excess deposits made whilst the account holder was a minor. (AI image) Public Provident Fund or PPF is a popular savings scheme with the sovereign guarantee and decent rate of returns adding to its charm. But there is a cap to the annual investment in the scheme –…
The PPF investment limit was last hiked in 2014, when the government increased the maximum annual contribution from Rs 1 lakh to Rs 1.5 lakh. The Public Provident Fund (PPF) is a popular and safe investment that gives assured and tax-free returns. At 7.1% tax-free, it offers higher returns than what other fixed income options…
