Understanding Public Provident Fund (PPF)
Public Provident Fund (PPF) is the gold standard for conservative Indian investors seeking guaranteed, sovereign-backed, 100% tax-free wealth creation. Governed by the Ministry of Finance, PPF interest rates are reviewed on a quarterly basis.
Why Deposit Before the 5th of Every Month?
Because PPF interest is calculated on the minimum balance between the 5th and the last day of the month, depositing your monthly contribution on or before the 5th ensures you earn interest for that entire calendar month.
Triple Tax Benefit (EEE Category)
- Stage 1 (Exempt): Annual deposits qualify for deduction under Section 80C up to ₹1.5 Lakh.
- Stage 2 (Exempt): Annual interest accrued is completely tax-free.
- Stage 3 (Exempt): Full maturity payout after 15 years is tax-exempt.
Key Features of CalcPe PPF Calculator
- 15-Year Amortization Schedule: View year-by-year opening balance, deposit, interest earned, and closing balance.
- Tax Savings Summary: Instantly see total tax saved under Section 80C over 15 years.