For many individuals, the dream of becoming a crorepati (a millionaire in Indian rupees) may seem out of reach, especially when relying on simple investment strategies. Achieving this goal can appear intimidating, but there’s a straightforward and reliable way to make it happen—through the Public Provident Fund (PPF). This government-backed savings scheme offers a secure …
The Public Provident Fund (PPF) is a highly favored savings scheme in India, primarily due to its assured returns and attractive tax benefits, which make it an appealing option for long-term financial planning. The PPF account has a maturity period of 15 years, after which account holders have the option to withdraw their funds. However, …
The Public Provident Fund (PPF) is a widely favored long-term investment choice in India, known for its appealing interest rates, tax advantages, and assured returns, making it popular among conservative investors. Although a PPF account has a lock-in period of 15 years, many wonder if early withdrawals are possible. The answer is yes, but there …
As the financial year end 2023-24 is approaching, it’s highly important to seize each and every opportunity in order to save on taxes. “A penny saved is a penny earned”, as the saying goes tax planning is a way to save on taxes and boost your income. Even if you are a pro or a …
