You must understand that the PPF account is a useful financial investment avenue that can really help you build wealth over the long term and tax saving tool as well. While investing in PPF, every Indian citizen enjoys its powerful benefits such as a decent rate of return, tax benefits, tax-free interest, loan against the […]
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Category: PPF
Building Tax-Free Capital through PPF for your Children
Every parent is naturally concerned about building a capital for his or her children, which would go to ensure meeting their financial commitments for higher education, marriage, settlement in life, etc. Barred from equity, one of the major stumbling block in investing in any financial instrument, which provides that any income is required to be […]
One Stop Shop for all things PPF!
Everyone knows the acronym of PPF i.e. Public Provident Fund and most of us want to open a PPF account, but keep postponing it just because of little knowledge about it and don’t know about its rules, interest rates, how it works, withdrawals, loans, documentation, nomination procedure etc. Even if one does not need it […]
Wake up Call! Powerful Provident Fund (PPF)
Don’t get surprised by title! Let’s begin our journey by understanding of this jargon word. Let me give you an investment proposal- How about you giving me Rs. 1lakh- every year for the next 15 years and I will give back Rs1 lakh to you every year from the 16th Year till the time you […]