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Speaking on options for PPF account holders after 15 years maturity; Amit Gupta, MD at CAG Infotech — a SEBI registered tax and investment solution company said, "PPF account has maturity period ...
PPF Account: There are three options to go for when your PPF account matures. PPF account matures on completion of 15 years from the end of the year in which the account was opened.
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.