The Public Provident Fund (PPF) is one of the most popular investment options in India, especially for those seeking long-term, tax-saving investments with assured returns. The scheme has garnered trust over the years, but recent changes in PPF rules from October 1, 2024, bring new guidelines that every investor—whether new or seasoned—needs to understand. In this article, we’ll dive into the significant changes made to the PPF scheme, how these might impact your investment strategy, and essential tips to maximize benefits in light of these updates. Key PPF Changes Effective from October 1, 2024 The changes to the PPF scheme are meant to enhance the scheme’s flexibility and adapt to evolving financial scenarios. Here’s what’s new: Revised Deposit Limits Previously, the maximum deposit limit for PPF was ₹1.5 lakh per financial year. However, effective October 1, 2024, the limit has been increased to ₹2 lakh. This provides more room for tax-efficient savings, aligning with the rise in i
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