Did our AI summary help? Fifteen years ago when you opened your Public Provident Fund (PPF) account, retirement may have felt like a distant event. The annual deposits were small at first, the ...
Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back ...
While the PPF remains a top-tier savings tool, rules prevent investors from doubling tax benefits through multiple holdings ...
According to the Public Provident Fund Act of 1968, an individual cannot open more than one PPF account in India. This rule applies even if you try to open a PPF account via different banks. For ...
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