- 19 Apr 2023
How interest is calculated on PPF? | Public Provident Fund
The Union Budget for Fiscal Year 2024 saw the introduction of new tax regime as default. While most small savings saw higher rates, Public Provident Funds (PPF) rate of interest stayed at 7.1%. In this video, we will understand the method of calculating PPF interest rate. Also, will learn the concept of "Why the 5th of the month matters for interest on PPF".
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