The Public Provident Fund (PPF) is a long-term investment scheme provided by the government of India. It was introduced in 1968 to promote savings and investments among the citizens of India. The PPF account provides a fixed interest rate that is determined by the government and is currently at 7.1% per annum.
Here are some important details about the Public Provident Fund:
The PPF account is one of the safest investment options available in India, and the investment made in it provide an excellent opportunity for long-term savings.
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