Government has increased the PPF interest rates from 8% to 8.6% in the way to control the rising inflation rate.
This is the right time for investors who waited for tax benefit for their money to invest more as the ceiling has also been rised from 70000rs to 1 lakh rupees.
This will be effective from December 1st 2011.
can we pay as a lum sum (1 lakh)?
ReplyDeleteIs this good or bad for us?
ReplyDelete