The Budget 2021 has proposed that from April 2021, interest on any contribution above Rs 2.5 lakh per year in PF will be taxed. There is some confusion among a few people that will this rule also apply to the…
Read More Is taxable PF interest (Rs 2.5 lakh) rule applicable to PPF?
Did you know that the Top 20 HNI account holders have about Rs 825 crore in their EPF accounts. And that one of the highest contributors has more than Rs 103 crore in his EPF account followed by two HNIs…
The Budget 2021 changed the EPF interest taxation rule (details here). Now if the employee contribution to PF (via EPF and/or VPF) exceeds Rs 2.5 lakh in a year, then the interest on the additional amount (above Rs 2.5 lakh)…
Read More Should you still invest more than Rs 2.5 lakh in EPF?
This is from my regular column on MoneyControl. Interest rates of PPF and all other Small Savings Scheme were cut sharply sometime back. And many are now questioning the usefulness of PPF as an investment option. I feel that having…
Read More PPF: Still attractive Investment despite Sharp Rate Cut
Should you invest before the 5th of every month in PPF account? Should you invest Rs 1.5 lac before 5th April every year for maximum returns from your PPF account balance? The answer to these questions is Yes no doubt.…
Read More PPF: Before 5th Vs After 5th of Month? Or Before 5th April?
PPF Interest Rate has been reduced to 7.1% (from 7.9%) and Sukanya Samriddhi Account Interest Rate has been reduced to 7.6% (from 8.4%) for April-June 2020. The government finally decided to bite the bullet and announced big cuts in the…
Read More Big Cuts in Small Saving Schemes (PPF, Sukanya Yojana): Apr-Jun 2020
Voluntary Provident Fund or Public Provident Fund in 2020. Difference between VPF Vs. PPF and how to choose between the two? This was a dilemma when even I joined my salaried job for the first time more than a decade…
Normally, the Public Provident Fund or PPF account matures at the end of the 15th year. At that point, you can either withdraw the full amount tax-free or extend your PPF account (with or without contribution) further for a block…
Read More PPF Withdrawal & Loan from PPF Account (Rules before 15 years: Updated 2020)
Most people are aware of how PPF works and how interest is calculated on PPF account balance. After all, they are investing in PPF to earn interest on their contributions. And being a long-term savings product, it is also well…
Read More PPF Maturity Options after 15 Years: Updated Rules 2020-21
Many NRIs have questions related to PPF accounts. Like Can NRI invest in PPF in 2021? And like what are the latest rules of PPF for NRIs, etc. So I wanted to do a short post on the latest Public…
Read More Can NRI invest in PPF? New PPF Rules for NRI (2021)
The VPF Interest Rate is 8.50% for the financial year FY 2019-20. And the rate of interest in the previous year for VPF was also 8.65% (financial year FY 2018-19). I know you want to know much more about the…
Everybody wants to retire, but nobody wants to plan for it properly. Right? Most people’s strategy of retirement planning is ‘Hope’. And you would agree too that hope, isn’t the best of strategies. Not surprisingly, whenever we talk about retirement…
Read More NPS vs PPF: Which is Better for Retirement with Tax Saving?
Should I invest in PPF or ELSS to save taxes? This is a common question that I am asked quite often, more so during the tax saving season. Choosing between the ever so popular Public Provident Fund (PPF) and Equity-linked…
Read More PPF vs ELSS – Which is better for Tax Saving investments?
Rs 1 crore is still not a small amount. But whether it is sufficient or not depends on why you actually need it. So for example, if you were to ask me whether Rs 1 crore is enough for retirement?…
Read More How to use PPF to save Rs 1 Crore: Be PPF Crorepati
PPF or Public Provident Fund is one of the most popular investment options in India that also provides tax benefits. Few more reasons for its popularity even to this day is that the interest earned on PPF as well as…
Read More How Interest on PPF Account Balance is calculated in 2020?
