PPF Scheme: Many schemes are being run by the Central Government. People also get many benefits through these schemes. At the same time, a scheme Public Provident Fund ie PPF is also included in these.
People can make long term investments through PPF. At the same time, by investing in PPF, people can take advantage of the investment along with the tax benefit.
People get many benefits by investing in PPF scheme PPF. Through PPF, people can choose to invest for 15 years. By investing in Public Provident Fund, people can also earn interest on the investment amount. Along with this, there is no tax on the interest income under this scheme. In such a situation, with the intention of saving tax, this scheme can prove to be very beneficial.
PPF investment Limit
A maximum of Rs 1.5 lakh can be invested in the Budget 2023 PPF scheme in a financial year. This investment can be done in installments or also in lump sum. However, now a big update regarding this limit should be known. Actually, the budget 2023 is going to be presented by the central government in a few days. People have high hopes from this budget.
Along with PPF investment
, it is being demanded through people and many organizations that the investment limit in PPF should be increased in this budget. On the other hand, if the limit of investment in PPF is increased, then people will get a lot of benefit from it and people will be able to invest more. In such a situation, it is expected that in this budget, an important announcement regarding PPF can be made by the government.
