The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation on Wednesday decided to slash the interest rate for 2017-18 to 8.55% from the earlier 8.65%.
Withdrawing your PPF comes with a set of rules. Go through them if you wish to take a loan from your PPF account or close it before the maturity period.
No other debt instruments are as tax efficient, secure and attractive on return prospects in comparison to PPF. Let us take a look at other investment options if PPF rates fall further.
Looking for places to put your money in so you can save on tax? The easiest options available are – a Public Provident Fund (PPF) and National Savings Certificate (NSC) schemes. But which one is better? Let’s find out.
Public Provident Fund is a great investment tool to build your retirement corpus. Read on to familiarise yourself with the terms for prematurely closing your PPF account.