PPF: From 12% to 7.1% – Why this once sought-after tax-saving scheme no longer attracts middle-class investors

3 weeks ago 4

While PPF used to offer 12 per cent interest in April 1999, it started declining with the turn of the 21st Century and following this, the interest rate fell every year, before settling at 7.1 per cent in April 2020 – where it stands till date

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PPF: From 12% to 7.1% – Why this once sought-after tax-saving scheme no longer attracts middle-class investors

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