#PPF

New Delhi, Jun 30 (PTI) 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 ...

Read to know if investing in PPF is beneficial or not. (Photo credit: unsplash)

  • There are four government-backed retirement schemes
  • While the EPF and VPF are available to the salaried class, NPS and PPF are open to all
  • Of the 3 schemes, NPS is market-linked and the returns are based on the performance of the other investments

.New Delhi, Delhi, India
The PPF scheme offers tax deduction under Section 80C of the Income Tax Act

  • PPF is a savings scheme offered by the India Post, controlled by the Ministry of Communications
  • An individual needs to make a minimum deposit of Rs 500 in a financial year
  • The maximum deposit is capped at Rs 1.5 lakh 

New Delhi, Apr 2 (PTI) West Bengal, which is the midst of a high-pitched assembly election, accounts for the highest collection of about Rs 90,000 crore from small savings schemes such as NSC ...

Lucknow, Apr 2 (PTI) Samajwadi Party supremo Akhilesh Yadav on Friday asked the BJP government at the Centre to withdraw forever any decision on slashing interest rates on small savings, saying ...

New Delh, Apr 1 (PTI) The government on Thursday revoked a steep interest rate cut on small savings schemes such as PPF and NSC, with Finance Minister Nirmala Sitharaman saying it was an ...

.New Delhi, Delhi, India
Interest rates for small savings schemes are notified on a quarterly basis. (Representative photo/Unsplash)

  • The government on Thursday rolled back a steep interest rate cut on small saving schemes such as PPF and NSC
  • Nirmala Sitharaman made the announcement on Thursday morning citing an ‘oversight’
  •  The Finance Minister offered no explanation for the release and subsequent withdrawal of the circular

New Delhi, Apr 1 (PTI) Finance Minister Nirmala Sitharaman on Thursday said the government will rollback a steep interest rate cut on small saving schemes such as PPF and NSC - saying it was an ...

New Delhi, Apr 1 (PTI) In a relief to savers, Finance Minister Nirmala Sitharaman on Thursday said the government will withdraw orders to cut interest rate on small savings schemes and assured ...

.New Delhi, Delhi, India

  • The government had cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1%
  • Interest rate on Public Provident Fund (PPF) had been reduced to 6.4%
  • Nirmala Sitharaman said that the order was being withdrawn as it had been issued in oversight