Thursday 30 July 2015

PPF vs VPF vs EPF



Benefits under Public Provident Fund (PPF)

  • The investor enjoys the rebate on his investment under section 80C of I.T. Act 1961
  • Interest income on PPF and the final amount is considered as tax free
  • Investment in small amounts can be made every year for a longer duration
  • Investments are fixed deposited for 15 years Balance amount held in Public Provident Fund is tax exempted from wealth tax
  • If one starts his/her PPF account in the year 2015, then the turn of events is shown as under. Starting from the seventh year one can reap the benefits of his/her PPF scheme.



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