Public Provident Fund Benefits

PPF means Public Provident Fund, this is Indian Government small scheme with large benefits. Therefore more number of people interested in investment to the scheme. Also person who invest in the scheme will get up to 1.5 lakh rupees benefits. After completing the due date for investment, the amount invest for the scheme will get return with any taxes. On investment from October to December for 3 months duration, inverter will get 7.9% interest.

PPF Benefits

Interested entity have open their PPF account for 15 years duration. Parents can open this PPF account for their children future with early investment. If parent having another account, they open an combine account for the investment. For children with less than 18 years of age parents can invest their money without any taxes amount, but after children completing 18 years, the changes may have to be done, to get control of the account.