Public provident fund (PPF) and Employee provident fund (EPF) are few of the best sources to invest towards retirement as they provide not just good returns but also tax benefits. Investors can look forward in earning good returns in a healthy way by investing in these instruments.
Public provident fund (PPF) and Employee provident fund (EPF) are few of the best sources to invest for your retirement. Both the instruments are risk free, backed by Government, and offer reasonably good returns on your investment. Not only they offer good returns but they also help in saving taxes. Individuals can claim tax deduction on the amount invested in PPF and EPF schemes.
Both schemes are eligible for tax savings under 80C under the limit of 1 lakh. In this article, we will discuss some of the aspects, which must be kept in mind to make the most of these schemes.
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