Public Provident Fund News
Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates
Small savings schemes: The interest rates for small savings schemes have remained unchanged for the last four quarters. The government last made changes for some schemes in the fourth quarter of last fiscal.
2 min read31 Dec 2024Planning to open PPF account online on Diwali 2024? Here are three new Public Provident Fund rules that you MUST know
The 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 2024Public Provident Fund: What are the latest changes that could impact your savings?
PPF is a secure investment with tax benefits and a 7.10% interest rate. New rules identify multiple accounts as irregular, merging balances into one primary account. NRIs can only maintain existing PPF accounts until maturity; otherwise, they will be classified as irregular.
3 min read20 Sep 2024Government clarifies about PPF changes, urges public against misinterpretations; Here is what you need to know: Report
The Government, in response to the misinterpretations and misunderstandings over the Public Provident Fund (PPF) rules on social media, clarified the recent changes, reported CNBC TV-18 on Sunday, September 8.
1 min read8 Sep 2024PPF to Sukanya Samriddhi Yojana: New rules for small savings schemes from 1st October you should know
New guidelines from the Ministry of Finance aim to regularise irregular accounts in National Small Savings Schemes, impacting NSS, PPF for minors, and Sukanya Samriddhi accounts
1 min read8 Sep 2024Public Provident Fund: How to become a crorepati through simple investment?
The PPF is a useful retirement planning tool that provides long-term growth, tax advantages, and security. However, you should think about starting early, extending the PPF tenure, and possibly including other investment options in your strategy to improve your chances of becoming a crorepati.
2 min read30 May 2024Public Provident Fund: 4 hidden rules you should know
Public Provident Fund (PPF) is a tax-free investment with 7.10% interest rate, backed by the Government of India. It has a 15-year lock-in period calculated from the end of the financial year. Unveiling four lesser known facts about the PPF
4 min read27 May 2024Dividend paying stock: Coal India dividend declared in FY24 beats PPF, bank FD, SSY returns
Dividend paying stock: Coal India shares rise over 100% in FY24
1 min read2 May 2024Rushing to invest in PPF before April 5? Here’s why it may not be a good idea
Investing in PPF is a good starting point for your investments, but hastily allocating all your savings to it each year or prioritising it over other potentially better investment options could be detrimental in the long run.
6 min read4 Apr 20244 tax-saving financial instruments to invest in before March 31
Once the deadline for investing in equity instruments has elapsed, individuals can consider opting for non-equity financial instruments before March 31st.
1 min read29 Mar 2024Popular Topics
Budget
The 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