Calculate Public Provident Fund (PPF) returns and maturity value. Plan your long-term savings with accurate PPF calculations.
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PPF is a long-term savings scheme offered by the government with tax benefits. It has a 15-year lock-in period and offers attractive interest rates with complete tax exemption on returns and withdrawals.
PPF offers triple tax benefits: 1) Investment up to $150,000 is deductible under Section 80C, 2) Interest earned is tax-free, and 3) Maturity amount is completely tax-free.
Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year period. You can make additional investments during the extension period.