To mobilize small savings, Public provident fund Scheme is introduced by the National Savings Organization in 1968. Public provident fund or PPF scheme is one of the best investment option which not only save your taxes but also earn you good return every year. A PPF account can be opened with any authorized SBI branch … Read More » "How to Open a PPF account in SBI"
Public Provident Fund or PPF scheme is an excellent tax saving investment option for individuals in India. A PPF Account can be opened either in a post office or in any authorized branches of a private or nationalized bank in India. A minimum amount of five hundred rupees is required to get started investing in … Read More » "PPF – All About Public Provident Fund Account"
Public Provident Fund or PPF scheme is a very attractive fixed income investment option for small investors because of its low risk and high return compare to other investment options available in market. Here are the top ten reasons for investing in a public provident fund scheme or PPF account; Public Provident Fund or PPF … Read More » "Top 10 reasons for investing in Public Provident Fund Scheme"
Anyone can open a PPF Account either through a post office or through a authorized bank. Visit any authorized bank or post office and submit a opening form with relevant documents. There are banks like SBI and ICICI which also offers online facility for having a PPF account with them. Through this facility you can … Read More » "Frequently Asked Questions on Public Provident Fund scheme or PPF Account"
If a subscriber to public provident fund scheme has died then the nominee as specified in the application form will get all the payments that is laying subscriber’s account. It’s risky for the nominee to continue the Public Provident Fund account of the deceased person after the death because the nominee can not appoint another … Read More » "How to get PPF payments on death of subscriber"
Investment tenure for a public provident fund scheme is 15 years. Investors can not withdraw their entire invested amount from PPF account for a period of 15 years. Withdraw from a public provident fund account can be done only after expiry of 15 years from the end of the year in which you make your … Read More » "How to withdraw from Public Provident Fund or PPF Account"
Public Provident Fund or PPF scheme is a safe long term investment option for an individual in India with attractive returns. Income from PPF account is fully tax exempted and yearly investments are eligible for tax deduction under section 80C of Income Tax Act, 1961. Both salary individuals as well as self employed persons can … Read More » "How to Invest in Public Provident Fund Scheme"
Public provident fund, which is popularly known as PPF, is a secured long term investment option backed by government of India. PPF scheme is opted as a long term tax saving investment option by many salary and self employed individuals in India. With it’s attractive low risk interest rate and tax exemption benefits, investment in … Read More » "Tax benefits on Public Provident Fund or PPF Investments"
A subscriber or investor of public provident fund, can avail loan facility between 3rd financial year to 6th financial year i.e. from the third financial year up to end of fifth financial year. Loan from your public provident fund account can be availed by applying in Form D or in a form near thereto together … Read More » "How to avail Loan from your Public Provident Fund (PPF) Account"
Public provident fund or PPF scheme is introduced by the Central Government in 1968 to enable the members of the public to make contributions to it and at the same time avail tax exemptions under section 80C of the Income Tax Act. Public Provident Fund or PPF is a safe Investment option with attractive returns … Read More » "PPF – 5 Reasons to Invest in a Public Provident Fund Scheme"