Public Provident Fund

Planning to open PPF account online on Diwali 2024? Here are three new Public Provident Fund rules that you MUST know

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Planning 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) is a highly popular savings scheme that offers a low-risk investment option. As you prepare for Diwali 2024 festivities, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it’s important to be aware of three significant changes that could affect your investment: … Read more

SIP vs PPF: Which is the better investment option?

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SIP vs PPF: Which is the better investment option?

When it comes to long-term financial planning in India, two standout options are Systematic Investment Plan (SIP) and the Public Provident Fund (PPF). Both cater to different financial goals and risk appetites. Let’s delve deeper into their unique features, benefits, and considerations to help you make an informed decision. Systematic Investment Plans SIPs allow investors … Read more

3 simple tax-saving measures that are equally effective in creating wealth

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3 simple tax-saving measures that are equally effective in creating wealth

How to choose tax-saving investments? Several critical factors to contemplate when selecting a tax-saving investment comprise: Lock-in duration: This denotes the minimum period you’re required to retain the investment before being able to withdraw funds. Certain tax-saving choices, such as the Public Provident Fund (PPF), entail lengthy lock-in periods, whereas others like tax-saving fixed deposits … Read more