In today’s time, everyone wants to save for the golden future of his family. But people do not understand how to finally call it investment, so that they can get good returns. So today we are going to tell you about such a scheme where by investing only 100 you will get millions of profits in future. So let’s know about this scheme in detail …
What are the benefits of this scheme
It is a PPF scheme known as Public Provident Fund. This is a small savings scheme run by the government, in which you can easily earn profits by investing without any fear. In this scheme, you can get Rs 54.47 lakh in future only by investing Rs 100. By investing money in this scheme, you can save tax of up to 1.5 lakh rupees annually. Under Section 80C of the Income Tax Act, this tax exemption can be obtained by selecting the old tax slab.
How to invest in the scheme
If a 25-year-old person deposits 3 thousand rupees (100 rupees a day) out of his salary every month in the account opened by this PPF scheme, then he should be able to deposit the money in his PPF account for 35 years and the interest rate of 7.1% Accordingly, he will get a total of 54.47 lakh rupees. By the time he retires, these accumulated thousands of rupees will be converted into millions. So no deal for profit