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Friday, August 23, 2024

PPF interest issues

Hi sir,

Public provident fund is a flagship small savings scheme of government, it is currently having only 7.1 perc interest.
other small schemes interest was raised but not of this scheme. Interest rate is stagnant from 2020.

Can you please take the matter with central finance ministry  or concerned authorities.

News links for reference:

https://www.businesstoday.in/personal-finance/investment/story/public-provident-fund-govt-keeps-ppf-interest-rates-at-71-know-interest-rate-taxation-and-how-to-open-account-435145-2024-06-29

https://www.thehindu.com/business/Economy/no-pre-poll-small-savings-sops-yet/article67687487.ece


Regards,
Anoop

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