New Delhi : The Public Provident Fund (PPF) is one of India’s oldest and most trusted small-savings instruments. Launched by the Ministry of Finance in 1968, it was designed to encourage household savings and offer a secure, long-term investment option with attractive tax incentives. Because it is fully backed by the Government of India, the PPF remains a low-risk haven even in volatile markets.

Currently, the scheme offers an interest rate of 7.1 percent per annum, compounded annually. The rate is reviewed every quarter by the Ministry of Finance, but once fixed, it does not change mid-quarter. Deposits made into a PPF account also qualify for deductions under Section 80C of the Income Tax Act, and the interest earned and maturity proceeds are tax-free under the Exempt-Exempt-Exempt (EE

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