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News
PPF interest rate
PPF interest rate News
Small savings schemes
29 Sep 2023
Centre Announces Interest Rate For Small Savings Schemes For October Quarter
This decision will directly impact millions of citizens across India who have invested in various small savings schemes. Some popular schemes include the Senior Citizen Savings Scheme, Monthly Income Account Scheme, National Savings Certificate, Public Provident Fund Scheme, Kisan Vikas Patra, Sukanya Samriddhi Account Scheme, among others.
Public Provident Fund
20 Nov 2022
PPF Calculator: Rs 5000/month can return over Rs 1.05 cr. Check details here
The government is offering a return of 7.1 per cent on PPF. The PPF interest rate is subject to change every quarter as per the government's directive. The PPF also offers income tax exemptions under Section 80C of the Income Tax Act 1961.
Public Provident Fund
19 Apr 2022
Want to become a crorepati via investments in PPF? Here’s how to do it
One of the most significant benefits of the PPF is that it provides a guaranteed tax-free return. PPF rules provide that an annual investment of up to Rs 1.5 lakh qualifies for a tax credit under Section 80C of the Income Tax Act 1961. PPF will yield a 7.1 percent return in the current quarter.
post office scheme
05 Nov 2021
THIS Post Office scheme will make you a millionaire; here’s how
The interest rate on the Public Provident Fund (PPF) is 7.1 percent compounded annually. This scheme has a 15-year maturity period, but it can be extended for additional 5 to 5 years. Instead of depositing Rs 1.50 lakh in a year, you can alternatively deposit Rs 12,500 per month.
Public Provident Fund
31 Oct 2021
PPF: Invest Rs 7500 to become a crorepati after retirement; here’s how
You can invest up to Rs 1.5 lakh in a PPF account in a year, or Rs 12,500 per month. 7.1% interest is available on PPF As a result, after 15 years, the total value of a monthly investment of Rs 12500 will be Rs 40,68,209.
PPF
16 Feb 2016
Interest on PPF, NSC left unchanged; cut by 0.25% on Kisan Vikas Patra, 5-year RD
Government on Tuesday cut interest rates on small savings of 1, 2, 3 year term deposits; Kisan Vikas Patra and 5-year Recurring Deposit by 0.25 percent.
Samll saving scheme
12 Feb 2016
Short term savings schemes to fetch lower returns from April
Its bad news for investors! The interest rates on small savings schemes like NSC and some post office schemes with maturity up to five years are set to fall from April onwards.
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