Public Provident Fund-Easiest Way To Restart A Closed PPF Account
Minimum Rs 500 and maximum 1.5 lakh can be deposited in PPF account annually. Tax exemption is available under section 80C of the Income Tax Act on the amount deposited in the PPF account. Apart from this, the entire interest earned in the account is tax free under section 10 of the Income Tax Act.
Updated : 14 June 2021, 04:56 PM