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PART 1. Public Provident Fund PPF or public provident fund is a long-term investment plan offered to an individual for the purpose of savings related to retirement, education, and marriage of children, illness, etc. It is a government scheme for all individuals offered by mostly all Public and Private sector banks. Unlike mutual funds and …
PPF or Public Provident Fund is a scheme offered by the Government of India for savings where the Government of India pays the interest for the account holder on a quarterly basis. This scheme is also tax-free. The applicable PPF interest rate for 1st Jan to 31st March 2019 (Q4 FY 2018-19) has been fixed …
After coming into an industry of work or getting to know more about your salary structure, we come across a term known as PF – Provident Fund or the other name given to it is Employee provident fund. The purpose to provide this account is to save the employee with a lump sum amount after …
Mr. Shivhare bought a new residential property in 2003 and for the next 10 years he only focused to repay the loan. He had a single plan that helped him to successfully put his financial life in order. This was the biggest mistake that Mr. Shivhare did as he made a single investment in his …