Monday, 10 November 2014

PPF BEST SOCIAL SECURITY INVESTMENT IN INDIA

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Best Investment is PPF account with yield @12.57%,11%,9.78% for People  paying income tax @30%, 20% and 10%. NRI's can also open PPF accounts in India. For complete up to date information. Yield has increased slightly due to increase in PPF interest rates after 01-04-2013.

Do you know that PPF investment can't be attached by a court of decree !

One can invest/park Rs.One lac per F.Y. in PPF account. This limit of Rs.One lac has been increased to Rs.1,50,000-00 w.e.f. F.Y.2014-15. Moreover to keep the account active minimum amount of Rs.500/- per annum must be deposited every year with not more than one deposit per month.  PPF account which is initially for 15 years can be extended twice for 5 years each.  One can open only one PPF account and one account each for his/her minor children with limit of Rs.One Lac per account but rebate u/s 88 not to exceed Rs.One lac per F.Y. PPF update is complete. Wait for next update to get best returns on surplus liquid funds.


See your Money Grow at compounding rate with Advanced Online PPF Calculator .

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