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The government will review and announce the interest rate of Public Provident Fund, National Savings Certificate and other ...
The formula recommended by the Gopinath Committee might be behind the low interest rate of Public Provident Fund, media ...
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With the Reserve Bank of India (RBI) slashing the repo rate by 100 basis points this year, speculation is rife that Public Provident Fund (PPF) interest rates could drop below 7% in the upcoming July ...
Financial Literacy News: PPF Interest Rate: As of the latest update for July-September 2024, the PPF interest rate stands at 7.1% per annum, compounded yearly. The interest ra ...
Will Public Provident Fund (PPF) rate fall below 7% for the first time in decades, influenced by the Gopinath Committee formula and fluctuating 10-yea ...
The Public Provident Fund (PPF) ... The current interest rate on a PPF account is 7.10%, higher than the interest earned from most savings schemes in India.
To earn a tax-free income of Rs 16 lakh per year from a PPF, one must start with an investment of Rs 1.50 lakh every year and ...
In the last 10 years, the PPF interest rate has varied between 7.1% to 8.8%. When the scheme started in 1968, the PPF interest rate was just 4.8% while the maximum investment limit was just Rs 15,000.
The current Public Provident Fund Interest Rate (PPF) stands at 7.1%, compounded yearly for the April-June 2024 quarter. The interest rate of PPF has remained at 7.1% since April 2020.
PPF Interest Rate History till April 2023: While the current Public Provident Fund Interest Rate (PPF) is just 7.1%, there was a time when this scheme used to offer 12% interest but the deposit ...
Historically, the PPF interest rate has fluctuated between 8.7% and 7.1% over the past decade. For the current quarter, from April to June 2025, the interest rate has been set at 7.1%.
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