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Yogi Zone

Useful articles for your finance management by our team of experts
  • guest

    The annual deposit limit in a Fiscal is 1 lakh now instead of 70k stated in this article. It would help if you could update the article with the latest limit.

    • Av Suresh

      Thank you for providing us the information. It has been updated now.

  • natarajan

    Sir,Individuals may also open a PPF account on behalf of a minor child of whom he is the guardian.Can an individual deposit the maximum of Rs.one lac in his a/c as an individual and open another one lac in his minor son’s a/c of whom he is a guardian.
    It was told by an officer of PPF Dept.that an individual and a minor son of whom he is a guardian altogether can deposit totally maximum of one lac only.If it is more than one lac it will be improper.
    I have already two a/cs one in my name and another in my minor son’s name one lac each
    Kindly get clarified with the department and let me have the findings and oblige.
    With regards
    kindly reply by mail if possible.
    natarajan
    11.04.14

  • SURESH KUMAR

    SUGGEST ME A TOP MUTUAL FUNDS , FOR INVESTING RS/- 3000 OR ABOVE,
    MONTHLY FOR 10 YEARS,CALCULATE THE SUM

  • SURESH KUMAR

    i have invested 1,80,000 RS/- in SAHARA U GOLD BONDS FOR 15 YEARS ,SINCE 2012
    SO KINDLY SUGGEST , IS THAT THE INVESTMENTS ARE SAFE OR NOT…

  • SURESH KUMAR

    SUGGEST ME A TOP MUTUAL FUNDS , FOR INVESTING RS/- 3000 OR ABOVE,
    MONTHLY FOR 10 YEARS,CALCULATE THE SUM

  • emmanuel

    Co,pare PPF with NSC Certificates which one is beneficial

    • Emmanuel

      Compare PUblic Provident Fund with National Savings Certificates Which one is beneficial

    • Surabhi Puri

      Some of the differences between NPS and PPF schemes include-]

      NPS is an investment that is suitable for long-term retirement planning. As the age of retirement is 60 years, so if the investor makes an investment in a National Pension Scheme at the age of 30, the investment tenure will be 30 years. While PPF is a just a long-term investment plan with a tenure of 15 years.

      The age limit to invest in NPS is 18-60 years. On the other hand, there is no age limit to invest in PPF. An investor can invest as and when he wants.

      Under National Pension Scheme, the investment is locked in up to the investor’s age of retirement i.e. 60 years. While for Public Provident Fund the lock-in period is 15 years.

      By investing in an NPS, one can avail tax deductions up to INR 2 lakh from one’s taxable income. For PPF, the maximum limit of tax deductions is INR 1,50,000. So, the ones falling under the tax bracket of 30% can save up to INR 60,000 by investing in a National Pension Scheme and up to INR 45,000 in a Public Provident Fund.

      There are various other differences. Refer https://goo.gl/12uImH

  • Karthik Krishna

    Is the PPF limit increased to 1.5 Lakhs now instead of 1 Lakh?

  • Gautam Chatterjee

    I have extended my PPF account beyond 15 years. During this period I want to withdraw 60% of the balance at the end of 15th year. Is there any tax implication?

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