If you wish to invest more than ₹1.5 lakh a year in the Public Provident Fund, you can do so by gifting money to members of your immediate family and investing it in their PPF accounts.
2 min read3 Apr 2025It is a misconception that the voluntary and employee provident funds exist separately. Any contribution above the statutory provident fund (12% of basic pay) is the voluntary provident fund.
5 min read13 Mar 2025Public Provident Fund (PPF) is a government-backed investment option that offers tax exemption during investment, interest accumulation, and withdrawal. With a 15-year tenure and a current interest rate of 7.1%, it is ideal for low-risk savers
1 min read25 Dec 2024Investors weigh options like ETFs, PPFs, and Bank FDs as year-end approaches. Experts advocate for a diversified approach to enhance returns while managing risks effectively
1 min read26 Nov 2024Non-residents can maintain their existing PPF accounts, contributing ₹500 annually to keep them active. Additional contributions are unnecessary for tax benefits
2 min read26 Nov 2024Saving is important for retirement and emergencies, with PPF, SSY, and fixed deposits as popular options
1 min read19 Nov 2024The Public Provident Fund (PPF) offers a low-risk investment with a 7.10% interest rate. The changes, effective October 1, 2024, limit individuals to one PPF account per child, with excess accounts earning only 4% interest. NRIs must declare residency to avoid losing interest
2 min read31 Oct 2024In the 4th episode of Guru Portfolios, we speak with Rajeev Thakkar, the CIO of PPFAS Mutual Fund. Thakkar uses a fun analogy to give investors some key advice - while driving, we always look forward, rarely into the rear-view mirror. Why not do the same instead of constantly analysing past returns? 'Evaluating your risk appetite, doing proper asset allocation and staying the course in investing is more important than constantly tweaking your portfolio', he says. Watch the full episode!
30 Mar 2024Various tax-saving investment avenues like PPF, SSY, and NPS require minimum contributions by March 31 to stay active. Failure to do so can lead to penalties and dormant accounts
1 min read31 Mar 2024FDs and PPFs are low-risk investments with attractive returns. FDs offer fixed returns and liquidity, while PPFs offer tax benefits and potential higher returns.
3 min read30 Sep 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared