Comparison of long-term financial planning options in India: Systematic Investment Plans (SIPs) and Public Provident Fund (PPF). (iStock) When it comes to long-term financial planning in India, two ...
Public Provident Fund (PPF), the popular long-term savings scheme, which matures in 15 years is currently giving 7.1% interest annually. A PPF account can be opened in a Post Office. Even some banks ...
The power of compounding works best when you start early. The longer your money stays in the PPF account, the more interest it will accumulate. (Image: Financial Express) The Public Provident Fund ...
If you want to ensure a worry-free retirement, consider unlocking the power of PPF. The Public Provident Fund is a popular investment scheme that can provide a regular income stream during your golden ...
Even if the PPF rate is cut, the scheme will continue to draw investors. The interest earned is tax free, making it a better option than bank deposits where the interest is fully taxable at the slab ...