AskBanking – Get solution to all your banking FAQs
Banking FAQs & HowTo Guide
Know to reactivate a dormant PPF account – Public Provident Fund (PPF) allows individuals to invest up to Rs 1.5 lakh each financial year. It provides a tax benefit under Section 80C of the Income Tax Act. PPF account has a validity of 15 years and to keep the PPF account alive, the account holder […]
New PPF Rules – The government recently announced many changes in PPF rules for benefit of account holders. The new PPF rules relate to deposits, loans and premature withdrawal. Public Provident Fund or PPF accounts have a maturity period of 15 years and the government announces interest rates for each quarter. For the current quarter, […]
Public Provident Fund (PPF) is one of the most popular saving investment scheme for small investors. Public Provident Fund generally offers a higher interest rate than bank deposits. Investors of PPF gets the benefit of Income tax on the maturity amount and rebate under section 80 (C) up to Rs 1.50 lacs. In PPF Contributions, […]
by 
