ADVERTISEMENT

Post Office Public Provident Fund Account: Interest Rate, Tax Benefits Explained Here

NDTV Profit
PPF Account: Investment made under PPF also qualifies for income tax benefits under the I-T Act.
India Post, which operates a network of more than 1.5 lakh branches across the country, offers nine savings schemes. The interest rates applicable to these post office saving schemes are revised on a quarterly basis. One such savings scheme offered by post office is 15-year Public Provident Fund (PPF) Account, according to its website, indiapost.gov.in.  A post office PPF account can be opened by cash or cheque. In case the account i...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit