Invest Rs 150 Daily in PPF, Get Rs 24 Lakhs: Central Govt's Good News for Savers

• Public Provident Fund (PPF) offers a secure, government-guaranteed investment option with tax benefits.
• Even low-income individuals can invest; an account can be opened with just Rs 500 annually.
• Investing Rs 150 daily (Rs 54,000 annually) for 20 years can yield over Rs 24 lakhs due to compounding.
• PPF accounts mature in 15 years but can be extended in 5-year blocks, maximizing compounding benefits.
• PPF offers EEE (Exempt-Exempt-Exempt) tax benefits: investment, interest, and maturity amount are all tax-free.