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 PPF Account. PPF interest rate is a compound rate that is … [Read more...] about PPF – All About Public Provident Fund Account
PPF
Top 10 reasons for investing in Public Provident Fund Scheme
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 offers attractive interest rate of 8.7% per … [Read more...] about Top 10 reasons for investing in Public Provident Fund Scheme
How to withdraw from Public Provident Fund or PPF Account
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 initial subscription to public provident fund scheme. As per the PPF … [Read more...] about How to withdraw from Public Provident Fund or PPF Account
PPF – 5 Reasons to Invest in a Public Provident Fund Scheme
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 @ 8.7% per year that are fully tax exempted. Both salary as well … [Read more...] about PPF – 5 Reasons to Invest in a Public Provident Fund Scheme