Easy Office

Ppf or fd

This query is : Resolved 

09 August 2015 What is the best way of investment? PPF or fixed deposit

10 August 2015 PPF and FD both carry attractive rates of interest. FD's usually carry interest rate of 9-9.5% depending upon period of FD and whether FD holder is senior citizen or not while PPF gives you interest rate of 8.75% so slightly lower than FD. But from taxation point of view PPF is much better as its interest is non taxable furthermore its investment is eligible for section 80C benefit.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries