The Public Provident Fund scheme is a go-to investment option, especially for the middle class who wish to enjoy its tax benefits and ensure a risk-free corpus after their retirement.

Money-Wise: PPF undergoes major changes from Oct 1 in India. Will your savings be impacted?

In a proposal, the Institute of Chartered Accountants of India (ICAI) has written to the Ministry of Finance of Indian government to hike the annual limit for contribution to Public Provident Fund (PPF) to Rs 3,00,000.

Indian Union Budget 2022: ICAI asks government to hike annual limit for contribution to PPF to Rs 3,00,000

The Govt of India in its latest announcement withdraws its decision of slashing down interest rates on Public Provident Fund and on other schemes. Finance Minister Nirmala Sitharaman on Thursday through her official Twitter handle announces 'Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021'.

India: Govt withdraws interest rate cut order on PPF

Ppf, News on Ppf, stories on Ppf, articles on Ppf, Ppf stories at Wion, Ppf news, Ppf latest news

ppf

Money-Wise: PPF undergoes major changes from Oct 1 in India. Will your savings be impacted?

Indian Union Budget 2022: ICAI asks government to hike annual limit for contribution to PPF to Rs 3,00,000

India: Govt withdraws interest rate cut order on PPF