Unlock Rs. 33 Lakh with PPF: Government Scheme for Safe, Tax-Free Savings!
Business
N
News18•12-01-2026, 20:08
Unlock Rs. 33 Lakh with PPF: Government Scheme for Safe, Tax-Free Savings!
- •Public Provident Fund (PPF) is a government-backed, safe investment option for long-term savings.
- •Investing just Rs. 4,000 per month can accumulate a fund of Rs. 13.01 lakh in 15 years, and Rs. 32.98 lakh in 25 years.
- •PPF offers a tax-free interest income and investment is eligible for Section 80C exemption, providing dual benefits.
- •The scheme has a 15-year tenure, extendable by 5 years, with a current annual compound interest rate of 7.1%.
- •It's an ideal tool for middle-class individuals seeking financial stability and wealth creation without market risks.
Why It Matters: PPF offers a secure, tax-efficient path to build substantial wealth through disciplined long-term savings.
✦
More like this
Loading more articles...
