Moneycontrol
HomeNewsVideosBusinessPublic Provident Fund (PPF) vs Fixed Deposit (FD): Determine the superior choice for tax-saving
Trending Topics
Sensex Live
SEBI Board Meeting
Urban Company IPO GMP
Consolidated Construction Shares
Austere Systems IPO GMP

Public Provident Fund (PPF) vs Fixed Deposit (FD): Determine the superior choice for tax-saving

According to tax experts, Public Provident Funds (PPF) and tax-saving Fixed Deposits (FD) are considered favorable choices for both tax-saving and long-term investing, depending on an individual's investment objectives. PPFs provide a variable interest rate determined by the Finance Ministry, while FDs offer a fixed interest rate for a predetermined duration. It is important for individuals to understand the distinctions between these account types, as they offer tax benefits and opportunities to earn interest on investments. Numerous taxpayers opt for PPFs as a preferred option for long-term goals like retirement, as it provides a stable source of fixed income while also offering tax-saving benefits.​ Watch here to know more-

Moneycontrol News
July 17, 2023 / 16:15 IST
Story continues below Advertisement
Remove Ad

Moneycontrol News
TAGS: ##personalfinance #FDs #PPF #Tax #video
first published: Jul 17, 2023 04:15 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On: Facebook twitter instagram linkedin telegram youtube
Trending Topics
Sensex Today ITR Filing Deadline SEBI Board Meeting Trump India Visit Charlie Kirk Shooter Tata Trusts US Inflation Asia Cup 2025 Schedule Nano Banana AI figurines Infosys Share Price
News
Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups
Markets
Home Currencies Commodities Pre-Market IPO Global Market Bonds
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker New Fixed Deposits Fixed Deposit Comparison Fixed Income
Mutual Funds
Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener
Tools
Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator Petrol Price in India Diesel Price in India IFSC Code
Community
Stock Markets
Network 18 Sites
News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive
Quick Links
About Us Contact Us Advisory Alert Advertise with Us Disclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.