The Public Provident Fund (PPF) is a tax-free savings scheme which was launched in 1968 by the Ministry of Finance (MoF). PPF is one of India’s most tax-efficient plans for salaried people.
In case of 5 Year Time Deposit and 5 Year Recurring Deposit, the new interest rates become 7.8 per cent and 7.3 per cent respectively after rate hike of 0.4 per cent on both the deposits. The recent ...
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