WebMar 31, 2024 · The current EPF interest rate for 2024-23 is 8.15% whereas the rate of interest for PPF 2024-22 is 7.10% Read more on PPF (Public Provident Fund) – Eligibility, … WebJan 2, 2024 · As per the circular, for the last quarter of FY 2024-22, the Public Provident Fund (PPF) will continue to earn 7.10 per cent. The Senior Citizens Savings Scheme (SCSS) will continue to earn 7.40 per cent, and post office time deposits will fetch 5.5-6.7 per cent. The interest rates will be relevant for the period January 1, 2024, to March 31, 2024.
Public Provident Fund (India) — Wikipedia Republished // WIKI 2
WebManaged by the Central Government, PPF or Public Provident Fund is one of the most popular saving schemes among Indian households as both the money in the PPF account and the returns it generates are guaranteed.The PPF scheme offers an attractive interest rate of 7.1% and since it comes under the Exempt-Exempt-Exempt (EEE) category of tax ... WebINTEREST RATE DECLARED ON PROVIDENT FUND ACCUMULATIONS SINCE 1952 YEAR INTEREST RATE REMARKS LINK FOR ORDER ... 2024-22 8.10% INV-11/1/2024-INV dt. 03-06-2024 . ... currency period shall be the last declared rate … crow\u0027s nest cove mini golf
PPF Interest Rate 2024 - Check the Latest PPF interest Rate Here
WebApr 14, 2024 · Mutual funds offer a great investment option for those looking to save tax as they offer tax benefits under Section 80C of the Income Tax Act, 1961. In this blog, we will discuss the top 10 tax-saving mutual funds that you can consider for the financial year 2024-23. Axis Long Term Equity Fund: This is a popular tax-saving mutual fund that has ... Public Provident Fund (PPF) scheme is a long-term investment option that offers an attractive rate of interest and returns on the amount invested. The interest earned and the returns are not taxable under Income Tax. One has to open a PPFaccount under this scheme and the amount deposited during a year will be … See more Below are the essential features of PPF 1. Tenure:The PPF has a minimum tenure of 15 years, which can be extended in blocks of 5 years as per your wish. 2. Investment Limits:PPF allows a … See more A PPF account can be opened by an adult for self or on behalf of a minor. The account tenure is 15 years and the lock-in period for the account is 15 years. You can make a deposit to a … See more The current PPF interest rate is 7.1% p.a. that is compounded annually. The Finance Ministry set the interest rate every year, which is paid on 31st March. The interest is calculated on the lowest balance between the close of … See more WebIncome Tax Act 1947. Current version. as at 11 Apr 2024. Part 21 MISCELLANEOUS FIRST SCHEDULE Institution, authority, person or fund exempted SECOND SCHEDULE Rates of … crow\u0027s nest harbor springs mi