PPF Investment Limit: Many saving schemes are being run by the government. People can also save money through these saving schemes. Also tax saving can be done. At the same time, a scheme is being run by the Central Government for tax saving, whose name is Public Provident Fund ie PPF.
By investing in PPF, people can save a significant amount and can also get good returns. Today we are going to tell you about the PPF scheme in detail.
Public Provident Fund is a scheme run by the Central Government. In this, there is a guarantee of the government and interest is also earned at a fixed rate. At present, interest is being given at the rate of 7.1 percent in the PPF scheme. At the same time, investment is made in this scheme for a long period.
Investors can invest in PPF scheme for 15 years. However, there is also a limit to invest in this scheme. The limit of this investment should also be kept in mind. Actually, an investor can currently invest Rs 1.5 lakh in a financial year in the PPF scheme.
In such a situation, if investing in PPF scheme, then keep in mind that at present Rs 1.5 lakh is invested in this scheme in a financial year and according to the current rate, interest will be earned at the rate of 7.1 per cent on an investment. . At the same time, tax benefit is also available on this investment.