Power of Rs 1,50,000 PPF Investment: In how many years may you generate Rs 92,000/month income, Rs 1.55 cr tax-free corpus from Public Provident Fund?

Power of Rs 1,50,000 PPF Investment: In how many years may you generate Rs 92,000/month income, Rs 1.55 cr tax-free corpus from Public Provident Fund?

Power of Rs 1,50,000 PPF Investment: When we talk about small savings schemes, the first image that strikes our mind is of an investment that can help us achieve our small financial goals with our small periodic or one-time investment. But if one stays consistent with their small savings investments for a long time, not…

Read More
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…

Read More
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…

Read More