VPF Vs PPF News
Here's why you may want to open PPF accounts for your spouse, children and parents
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 2025How to withdraw VPF for home purchase, loan repayment
It 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: Is PPF a smart investment tool for income tax savings and ITR filing?
Public 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 2024Bank FD vs PPF vs ETFs: Where should you invest in the last month of the year?
Investors 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 2024Public Provident Fund: What are the PPF account rules for non-residents?
Non-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 2024Public Provident Fund vs Sukanya Samriddhi Yojana vs Post Office Fixed Deposit: Latest interest rates compared
Saving is important for retirement and emergencies, with PPF, SSY, and fixed deposits as popular options
1 min read19 Nov 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 2024Attention PPF, SSY, NPS account holders! Do this by March 31 or else...
Various 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 2024VPF vs PPF: Which one should you choose and why?
PPF and VPF are two outstanding provident fund plans for investors with low risk profiles. However, there are some significant differences between the two which should be understood before deciding your preferred investment vehicle. We try to discuss them in detail.
3 min read9 Sep 2022Popular 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
The Gensol-BluSmart saga
On 24 February, Mint first reported, citing people familiar with the developments, that Blu-Smart Mobility, Anmol Jaggi’s privately-owned electric cab-hailing service, had defaulted on Rs 30 crore worth of bonds in early February because of a cash crunch. The company subsequently paid non-convertible debenture (NCD) holders. (Even before this development, another Mint story on 4 February had spotlighted Gensol's shareholding pattern: In September 2022, Hari Shankar Tibrewala had invested in the company, part of whose stake was taken into possession by the Government of India in late 2024.) Just 10 days after we wrote about the news of Blu-Smart facing a cash crunch, things turned worse for Gensol when Care Ratings downgraded the company to default. The rating agency's action marked the start of a downward spiral for the company, which then saw its share prices crash, leading to the invocation of promoter shares and raising questions on corporate governance. Finally, on 15 April, the market regulator, the Securities and Exchange Board of India, in an interim order, minced no words when it barred the Jaggi brothers from being at the helm and ordered Gensol to undertake a forensic audit on money siphoning. Here’s a list of all these stories by Mint to understand how the company, once the poster boy of renewable energy and EV space, unravelled.