PPF stands for Public Provident Fund, a government-backed savings scheme in India that offers tax benefits and long-term wealth accumulation. Learn more about the features, eligibility, tenure and interest rate of PPF accounts. The Public Provident Fund ( PPF ) is a long-term savings scheme for consumers with low to zero risk appetite to invest in a government-backed scheme that helps them protect their investments from ... Launched in 1968, the Public Provident Fund (PPF) is a government-backed savings plan that provides all-inclusive tax exemption and competitive interest rates. It falls under the EEE (Exempt-Exempt-Exempt) category and combines wealth creation with tax benefits. What is Public Provident Fund ? The " PPF " in full form in banking, stands for Public Provident Fund , a popular long-term savings and investment instrument in India. This government-backed scheme enables individuals to build a secure retirement corpus or meet other financial goals while enjoying tax benefits under Section 80C. This comprehensive guide offers all the essential information about Public Provident Fund ( PPF ) accounts in India, enabling investors to make informed decisions. What is ...
