Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount ...
By investing Rs 1.5 lakh every year in PPF and continuing for 25 years, you can build a retirement corpus of over Rs 1 crore. At the current 7.1% interest rate, this amount can generate nearly Rs ...
PPF is a government-backed savings scheme that offers attractive interest rates, which are usually higher than those of FDs. The minimum investment is ₹500 per year, and the maximum is ₹1.5 lakh per ...
Both offer tax benefits, making them attractive to investors looking to save on taxes. While PPF is a long-term savings ...
If you have traits of a risk-averse individual, make sure you are not investing in any and every tax-saving avenue out there.
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PPF loan: Why get bogged down in the trap of taking a personal loan? When PPF is the cheapest way to get money?
Whenever we suddenly need money, we rush to personal loans with 12% to 18% interest rates. But did you know that your PPF account holds a 'credit card' that you can use in difficult times? The rules ...
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PPF, SSY and other small savings schemes: Why they matter beyond tax benefits under the new regime
Many investors assume schemes like PPF and SSY are only worth considering if they reduce taxable income. That used to be true mainly under the old tax regime, where deductions under Section 80C could ...
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