PPF is a government scheme where any person can invest. Minimum investment is Rs 500pa and maxium is Rs 1,50,000pa. There is a tax deduction (under section 80C) for the investment and the interest and withdrawals are tax free.
Public Provident Fund
PPF is a government scheme where any person can invest. Minimum investment is Rs 500pa and maxium is Rs 1,50,000pa. There is a tax deduction (under section 80C) for the investment and the interest and withdrawals are tax free.