Investors weighing PPF and NPS for retirement planning must match the choice to their liquidity needs and tax regime, says tax expert Gauri Chadha. PPF offers tax-exempt returns with a 15-year lock-in,…
Premature withdrawal from popular post office savings schemes such as the Senior Citizens Savings Scheme (SCSS), Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Monthly Income Scheme (MIS) and Kisan Vikas Patra…
Businesstoday.in reports that an NRI who retains Indian citizenship can keep a Public Provident Fund account until maturity, earning the prevailing interest but without repatriation rights. However, the moment a person acquires…
Parents looking to save for their children have multiple fixed deposit and small savings options, each with different interest rates and rules. PNB's Balika Shiksha Yojana deposits Rs 3,000 from the government…
The Kerala High Court has ruled that the annual Rs 1.5 lakh PPF contribution limit applies cumulatively to a parent's own account and their minor child's account, not separately. The court ordered…
Investors can transfer their Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA) and Senior Citizens Savings Scheme (SCSS) accounts from a Post Office to a bank without closing the existing account, reports…
Domestic brokerage Equirus has proposed scrapping the advance tax system and gradually tapering small-savings schemes to free up capital for productive use. In a report titled ‘India’s path to a $20 trillion…
A PPF investment of ₹5,000 per month starting at birth can grow to over ₹2.7 crore in 50 years at the current 7.1% interest rate, Livemint reports. The same monthly sum started…
NRIs who opened a PPF account while resident in India can continue contributing to it until maturity, Livemint reports. They must maintain a minimum deposit of Rs 500 per year to keep…
As of August 8, 2026, the government-backed Public Provident Fund (PPF) offers 7.1 per cent interest per annum, while the Senior Citizens Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) each pay…
