Financial-Literacy News: Public Provident Fund (PPF) offers tax benefits, competitive interest rates, and flexible options upon maturity. You can choose to close the account, ...

The Public Provident Fund was introduced in 1968 to encourage long-term savings with a modest interest rate of 4.8 per cent. In the initial years, the rate remained below 6 per cent, gradually ...

The PPF interest rate gets revised every quarter. The current rate for this quarter is 7.1 per cent. It offers an Exempt-Exempt-Exempt (EEE) tax status for a period of 15 years.