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NexGen School of Financial Market One Hundred Frequently Asked Questions on Basic Finance What is the Public Provident Fund (PPF)?

What is the Public Provident Fund (PPF)?

by Dr. Gaurav Sinha , Mr. Vinay Kohli  ·  Unit 29 of 100
The Public Provident Fund (PPF) is a long-term savings scheme supported by the Government of India. It is designed to encourage disciplined savings while offering tax benefits under applicable laws. The scheme has a fixed maturity period, government-declared interest rates, and is commonly used for retirement planning and long-term wealth accumulation.