Are you planning to invest in Public Provident Fund (PPF) to save tax? Make the contribution on or before 5 April 2023 to get maximum benefit of your investment. Similarly, you can invest a lump sum on or before April 5 of a year in order to get the interest for the whole year. aaa
PPF interest rate was last revised in April-June 2020, when it was slashed from 7.9 per cent to 7.1 per cent. Previously, in July-September quarter of 2019, it was cut. The last increase in PPF interest rate happened during October-December quarter of 2018 where it was raised from 7.6 per cent to 8 per cent. aaa
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