PPF: Secure ₹40 Lakh+ Tax-Free in 15 Years, Risk-Free

• Public Provident Fund (PPF) is a government scheme offering over Rs 40 lakh tax-free in 15 years.
• It is a government-run, long-term, low-risk investment scheme with a current annual interest rate of 7.1%.
• The scheme has a 15-year tenure, allowing annual investments from Rs 500 to Rs 1.5 lakh, and is safe from market fluctuations.
• PPF falls under the EEE category, making investment (up to Rs 1.5 lakh under 80C), interest, and maturity amount completely tax-free.
• Any Indian citizen can open a PPF account, including for children, and a loan facility is available between the 3rd and 6th years.

Why It Matters: PPF offers a safe, tax-free way to build significant wealth for Indians.