12 Things You Must Know About Public Provident Fund
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12 Things You Must Know About Public Provident Fund
Oct 6, 2022
etmoney.com
Public provident fund (PPF) scheme is a long term investment option that offers an attractive rate of interest and tax benefit u/s 80C. To know more, visit: https://www.centralbankofindia.co.in | Central Bank of India
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The Public Provident Fund (PPF) scheme is a very popular long-term savings scheme in India because of its combination of tax savings, returns, and safety. The PPF scheme was launched in 1968 by the Finance Ministry. The main objective of the scheme is to help individuals make small savings and provide returns on the savings. Who can open a PPF account? Any Indian citizen over 18 years of age can open a PPF account. A guardian on behalf of a minor/ person of unsound mind . ​ No upper age limit fo
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