New Delhi, 18 January 2021. Everyone keeps searching for good options in terms of investment. So that there is no shortage of money in future. In such a situation, if you are looking for a better option for a long time then there is nothing to worry about. You can invest in PPF ie Public Provident Fund (PPF). Money is safe here. Also, there is the benefit of tax benefits.
Please tell that there is no risk at all in PPF account. Because it is monitored by the government. Investment is the best option. Also, the working people can invest in PPF for long term investment keeping in mind their future. Invest in PPF with a little planning and improve your financial portfolio.
Also Read: PMKVY: Learn the skills of business and get loan up to Rs 1.5 lakh, know the whole process
At the same time, people who invest in PPF account also get good interest. The central government revises the interest on PPF account every three months. By the way, the interest rate in this account has been 7 to 8 percent. There is a change in this, so there is nothing to worry about. If PPF is compared with FD of many banks, then it pays more interest to its customers.
Let it be known that the period of investment in PPF account is 15 years. After which the customer can take the amount that comes after the tax holiday. Customers also have the option to extend it for five years. They may or may not take it. In this account, tax benefit is given to customers under section 80C of Income Tax Act.
