Public Provident Fund

Government clarifies, PPF contributions will continue to be tax free

Revenue Secretary Hasmukh Adhia on Tuesday said that Public Provident Fund (PPF) contributions will continue to be tax exempt.

Mar 01, 2016, 12:00 PM IST

Interest on short-term post office schemes, KVP and 5-year RD cut by 0.25%; PF to earn more

There will be no change in interest rate on long-term instruments like 5-year term deposit and similar tenure National Saving Certificates (NSC), Sukanya Samriddhi Yojana as well as Public Provident Fund (PPF).

 

Feb 17, 2016, 13:25 PM IST

Interest on PPF, NSC left unchanged; cut by 0.25% on Kisan Vikas Patra, 5-year RD

Government on Tuesday cut interest rates on small savings of 1, 2, 3 year term deposits; Kisan Vikas Patra and 5-year Recurring Deposit by 0.25 percent.

 

Feb 16, 2016, 19:40 PM IST

Bank FDs to fetch poor interest; PPF, NSC rates set to fall

Interest rate on various small savings like PPF, NSC and Post Office savings are set to fall as the government is contemplating reduction in rates.

Jan 14, 2016, 11:47 AM IST

PPF Account: 5 key facts you must know

Here are five facts you must know about PPF account so that you can make the most of this saving scheme.

Nov 17, 2015, 09:23 AM IST

To boost saving, rates on small saving schemes may not be slashed sharply

Government may not sharply cut interest rates on small saving schemes as it would negatively affect deposits affecting the growth in GDP

Oct 09, 2015, 09:19 AM IST

Bankers see higher PPF rate limiting more deposit rate cuts

Bankers have said there is more room to cut deposit rates which can help bring down lending rates, but fear that competing savings instruments like PPF and tax-free bonds will limit their ability.

Aug 02, 2015, 14:55 PM IST

Sukanya Samriddhi to earn at 9.2% interest, PPF 8.7% for FY'16

Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 percent, while the rate on popular tax saving Public Provident Fund has been retained at 8.7 percent for 2015-16.

Mar 31, 2015, 21:06 PM IST

FinMin sets up panel on unclaimed PPF, small savings deposits

Finance Minister Arun Jaitley has set up a committee under RBI Deputy Governor H R Khan to assess the amount of unclaimed deposit in the popular PPF and Post Office saving schemes, and suggest steps for utilisation of funds for the benefit of senior citizens.

Sep 03, 2014, 19:07 PM IST

RBI notifies increased PPF deposit limit of Rs 1.5 lakh/year

The Reserve Bank on Friday notified the increase in deposit money under Public Provident Fund (PPF) to Rs 1.5 lakh from Rs 1 lakh earlier.

Aug 22, 2014, 19:44 PM IST

Now invest up to Rs 1.5 lakh in PPF

People can now deposit up to Rs 1.5 lakh annually in their Public Provident Fund (PPF) with the government notifying changes in the popular savings scheme.

Aug 20, 2014, 20:12 PM IST