PPF vs EPF: Interest rate, income tax rule, other details that you should know

  PPF vs EPF: EPF or Employees’ Provident Fund is a government-backed retirement benefit scheme designed for salaried individuals only whereas PPF or Public Provident Fund is designed to provide old age income security to a PPF account holder. Both give income tax exemption on up to ₹1.5 lakh investment in one financial year under Section 80C […]

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General Provident Fund (GPF) interest rate for Q3FY22 declared. Check details

  The central government has announced interest rate for General Provident Fund (GPF) and other similar kinds of funds for October to December 2021 quarter. The GPF and other similar fund subscribers, who are central government employees, will continue to get 7.1 per cent return in Q3FY22, as central government has left GPF interest rate unchanged at […]

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Tax saving for salaried: Where can salaried people save tax , know here

The one hit formula says that a salaried person should start tax saving as soon as the Income Tax Return (ITR) filing season begins. Know about 5 such tax saving options, where a salaried person can easily save tax. EPF: One of the most accurate option Employees’ Provident Fund (EPF) is one of the simplest […]

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Post Office Savings Scheme Withdrawal Rule Revised: Here’s How Much You Can Withdraw Now

  India Post Saving Scheme: Here comes a piece of good news for the account holders in Post Office. The India Post has increased the withdrawal Limit for its customers. With this in change, the India Post can compete with commercial banks and their saving scheme plans. As per the new change brought by the India […]

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PPF, NSC, Kisan Vikas Patra, other small savings interest rates unchanged for Q2

In a relief to savers, the government on Wednesday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the second quarter of 2021-22 amid the COVID-19 pandemic. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per […]

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Central Government Decides To Keep PPF, Interest Rates Unchanged

  The central government said on Wednesday that interest rates on small savings would remain unchanged for the second quarter of the current fiscal year. The announcement is made three months after the Centre takes off big cuts in small savings interest rate. With the government holding fast to the interest rates on savings schemes, […]

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Small saving schemes alert! PPF, Sukanya Samriddhi interest rates unchanged for next 3 months

The Finance Ministry has decided not to revise the interest rates on small saving schemes for quarter three of the financial year 2021-2022. This means that interest rates on schemes such as Public Provident Funds (PPF), Senior Citizens Saving Schemes (SCSS), and National Saving Certificate (NSC), among others, remain unchanged for three months starting July […]

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How can You Become Crorepati by Investing Money in PPF, Know Details Here

Many types of government schemes are run by the Central Government, but today we tell you about such a scheme, in which you can become a millionaire in a few years by investing money. Yes… you can easily become a millionaire by investing money in Public Provident Fund (PPF). Public Provident Fund is considered to be the […]

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Income Tax: Apart from PPF, NPS, these Five Sources are also Tax-Free

Income Tax: According to the rules of income tax, if someone’s income is more than 2.5 lakh rupees. Then he will have to pay tax. People invest in schemes like NPS, PPF, EPF so that they have to pay a minimum tax of their share. In all these schemes, taxpayers get more discounts in return for investment. But apart from […]

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