At a 7.1 per cent interest rate, the interest in a year will be Rs 16,24,843, which will be equal to Rs 1,15,363 a month. Also Read: Top Performing Small Cap Mutual Funds with Highest SIP Returns: Rs ...
Contributions up to Rs 1.5 lakh in a year in PPF (Public Provident Fund) are eligible for tax deductions under Section 80C, the interest earned and the corpus are also tax-free. The PPF has a lock-in ...
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