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What Is Public Provident Fund?

Thursday, December 22, 2016, 9:10 AM

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.
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