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Did You Know? Investing in PPF Account is Risk Free!

Wednesday, July 11, 2018, 10:07 AM

When it comes to saving taxes, the Public Provident Fund (PPF) is one product a lot of people turn to. There are two reasons for this: its tax-free yearly interest and the annual compounding. Since the PPF has a long tenure of 15 years, the impact of compounding is huge, especially in the later years.