Looking for a risk-free investment? Post Office RD turns tiny monthly savings into a Rs 21-lakh corpus in five years

Looking for a risk-free investment? Post Office RD turns tiny monthly savings into a Rs 21-lakh corpus in five years

The Post Office Recurring Deposit (RD) scheme is fast emerging as a preferred option for investors seeking stable, guaranteed and risk-free returns amid volatile market conditions. Backed by the Government of India, the scheme allows savers to build a sizeable fund through small monthly deposits, making it particularly attractive for those planning long-term financial goals…

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Power of Rs 1,50,000 PPF Investment: How many years will it take to generate Rs 16 lakh/year tax-free income from Public Provident Fund?

Power of Rs 1,50,000 PPF Investment: How many years will it take to generate Rs 16 lakh/year tax-free income from Public Provident Fund?

The Public Provident Fund (PPF) is a government-backed investment scheme, making it a secure option for investors. With returns assured by the Government of India, PPF provides a reliable investment avenue. Note that a PPF account can be held in the name of only one individual. Plus, PPF enjoys Exempt-Exempt-Exempt (EEE) tax status. This means…

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PPF for Regular Income: Rs 18 lakh/year tax-free income from Public Provident Fund, how can you generate it?

PPF for Regular Income: Rs 18 lakh/year tax-free income from Public Provident Fund, how can you generate it?

Investing in a Public Provident Fund (PPF) account offers attractive tax benefits. Contributions up to Rs 1.5 lakh in a year are eligible for tax deductions under Section 80C. Plus, the interest earned on your investment and the corpus are completely tax-free.PPF is a government-backed scheme in India that is currently offering an annualized return…

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