Reasons why PPF is better than bank deposit: #3 Sec 80C Tax benefits
Wednesday, May 17, 2017, 11:22 AM
If you invest in Public Provident Fund, you get tax benefits under Sec 80C. Most of the bank deposits do not offer you this facility unless it is the tax saving deposits. The current maximum deduction available for PPF investments stands at Rs 150,000 per annum.