Many investment options are available, and retirement plans have gained popularity. In the past, retirement planning was primarily accessible to government employees, but various government schemes now cater to ordinary workers’ needs as well. In India, popular options for building a retirement corpus include the Employees’ Provident Fund (EPF), Public Provident Fund (PPF), and Systematic … Read more
The Public Provident Fund Account (PPF Account) rules have changed, all designed to enhance the benefits for our account holders. These changes, effective from October this year (01 October 2024), will apply to both existing and new accounts. The rules regarding multiple PPF accounts, accounts opened in the name of children, and non-resident Indian (NRI) … Read more
Employee retirement typically occurs at age 60 or 62, and business owners also retire at a certain age. Planning for retirement is essential to ensure a smooth transition from work to post-retirement life. Saving for the future is crucial, and various policies, schemes, and investment options are available for post-retirement life. The Government of India … Read more
Public Provident Fund Scheme Details: Everyone wants to make more profit with less investment, and the central government has made many schemes available to such people. Among these schemes is a particularly lucrative, which allows you to invest less and get more money. The Public Provident Fund Scheme offers the potential for more profit with … Read more
PPF vs VPF: Which is better for retirement? Understand the difference between PPF and VPF, their eligibility, benefits, and how to choose the right one for your financial goals. Planning for retirement is essential, and Public Provident Fund (PPF) and Voluntary Provident Fund (VPF) are two popular options to secure your financial future. While both … Read more