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What is 2014 PPF Tax Saving Benefits Explained about?

The Public Provident Fund (PPF) is highlighted as a top tax saving option for 2014. It performs well across most parameters and its interest rate is now linked to secondary market bond yields, making it more attractive. For the current year, the PPF interest rate will be 8.7%, which is 26 basis points higher than the average benchmark yield from the previous fiscal year. Analysts expect the benchmark yield to remain above 8.5% for the next 6 months at least. The PPF offers flexibility in terms of account op

Author

alokesh1982

Language

EN