WebApr 4, 2024 · The EPFO declares the EPF rate every year based on the returns of the EPF corpus. The current EPF rate is 8.15% while the current PPF rate is 7.1%. Historically as well, the EPF rate has been slightly higher (8.65%) than the current rate FY 2024-23 and the current PPF rate. WebMar 26, 2024 · Here are few other things to know about PMVVY, SCSS, PPF and NPS: While PMVVY and SCSS are for those who have already attained the age of 60 years, the other two options (NPS and PPF) are for ...
LIC’s NPP vs NPS vs PPF: Check comparison to select the best …
WebSep 15, 2024 · 1. Tax Treatment of NPS vs. PPF. PPF is an EEE product. You get tax benefit for investment, interest earned is exempt from tax and the maturity amount is also … WebAs far as the interest is concerned, PPF interest is tax-free, whereas, NSC interest is taxable and will be added to your taxable income. However, the interest in NSC is also eligible for deduction under Section 80C of the Income Tax Act. It is better to pay tax on the accrued interest annually rather than on maturity. reading activities for grade 3 pdf
What is Provident Fund (PF)? EPF, PPF, GPF, VPF, NPS and Gratuity …
WebDec 25, 2024 · What are the differences between EPF Vs PPF Vs VPF Vs NPS? Among EPF, PPF, VPF and NPS, Which is the Best Investment Option for you? Also Read: How … WebSep 24, 2024 · 1. The scheme provides a benefit to employee by saving his part of the salary on monthly basis. 2. The interest rate under this scheme is fixed by the Employee provident Fund Office, current rate under Employee Provident Fund is 8.5% p.a. 3. WebAug 26, 2024 · Her rate of return for PPF is fixed at 7.1%. She expects her rate of return from NPS to be around 10%. Ms Aakriti is currently 30 years old. Also, she expects to retire at the age of 60. After 15 years, her PPF investments would be worth INR 16,27,284. The investment is INR 9 lakhs and interest earned in INR 7,27,284. reading activities for kids online