Public Provident Fund (PPF) Account: Revised Interest Rates, Tax Benefits, Other Details

The interest rate on Public Provident Fund (PPF) account has been revised to 8 per cent for the October-December quarter, the Ministry of Finance said in a statement on Thursday. PPF accounts are an investment avenue with decent returns coupled with income tax benefits. After a gap of several years, the government today raised interest on small savings, including NSC (National Savings Certificates), PPF, senior citizens savings schem...