What Is Public Provident Fund?
Thursday, December 22, 2016, 2:40 PM
Public Provident Fund, popularly known as PPF, is a savings cum tax saving instrument. PPF is a long-term, government-backed small savings scheme of the Central Government, started with the aim of providing old age income security to the workers in the unorganized sector and self-employed individuals. Any individual (salaried or non-salaried) can open a PPF account.