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PPF or Bank FD to save Income Tax, check the best option here

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connectinboxx.com

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admin@connectinboxx.com

Sent On

Tue, Apr 30, 2024 11:32 AM

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Both PPF and tax saving FD are good options to save income tax. In this you get good returns on inve

[PPF or Bank FD to save Income Tax, check the best option here]( Both PPF and tax saving FD are good options to save income tax. In this you get good returns on investment along with tax benefits. The interest rate available on PPF is reviewed by the Finance Ministry every three months. There are changes in this from time to time. But interest on FD is already fixed at the fixed rate. FD also has some disadvantages but PPF provides relief from income tax. The interest received on FD is subject to tax as per the tax slab of any person. But FD returns cannot always beat inflation. This means that the real value of your savings is at risk of falling over time. There is no guarantee from the government on FD. But PPF is guaranteed by the government. [Read More]( Â --------------------------------------------------------------- 6492 Davis Ford Rd, Virginia(VA), 20111 If you would prefer not receiving our emails ,please [Click Here](

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