Why you should invest before the 5th of every month in PPF account
The Public Provident Fund popularly called PPF is a favourite investment for many Indians. The reason for this? The Principal and Interest you earn on the PPF, is guaranteed by the Government of India. This means come what may, the money invested is safe and you earn interest on it. PPF continues to remain a great investment even after decades, simply because the returns earned are tax-free. Sadly, interest offered on PPF has been coming down in recent years. Interest offered on PPF was 8.8% for FY 2012-13. The interest…
Read More