What is PPF Full Form, meaning and definition

Are you looking for The meaning and full form of PPF in finance And what does PPF stand for? Well, We are going to learn about the definition and meaning of PPF, the abbreviations of PPF acronyms, and PPF meaning in Hindi. So you should read this post till the end?

The Full Form of PPF – Public Provident Fund

PPF Stands for Public Provident Fund. The Public Provident Fund (PPF) is a popular investment option with a number of benefits. The interest that you earn on your investment is tax-free. The money that you put into the PPF is also guaranteed by the Indian government. This means that you can get your money out of the PPF when you need it, without incurring any penalties. in short PPF Account Scheme is a tax-saving instrument that you can use to meet your financial goals. The interest that you earn on your PPF is tax-free. The principal that you place in your PP-F account is also tax-free. You can withdraw the principal amount at any time, but the interest will be taxable.

Features of PPF Account Scheme

  • Long Terms Investment:

PPF is a long-term investment with a lock-in period of 15 years. This means that the amount deposited in the PPF account can be withdrawn only on maturity, which is 15 years. On completion of this period, it can be extended for a further period of 5 years. Premature withdrawal is allowed but only in case of emergency

  • Interest Amount on PPF :

Interest on the PPF balance is calculated every month and this interest amount is credited to the PPF account at the end of every financial year. Interest rates are announced by the government every quarter. Every month, the interest amount is calculated on the lowest PPF balance after the 5th of every month, till the last day of the month. Hence, PPF investors are advised to make contributions to their PPF account before the 5th of every month

  • Investment Limit in PPF Scheme :

Individuals need to invest a minimum of Rs 500 annually. And the maximum investment that can be made in a PPF account in a financial year is up to Rs 1.5 lakh.

  • Tax exemption on PPF Scheme :

PPF also offers the best tax benefits as it comes under the exempt-exempt-exempt (EEE) category. This means the principal amount, maturity amount, as well as interest earned, will not be taxable. Under section 80C, every year you deposit in the PPF account, that amount is deducted from your taxable income.

  • No tax on interest :

You get interested every year in the amount deposited in the PPF account. But this interest is not added to your annual taxable income. That is, the interest earned on PPF is tax-free. as well as Maturity amount is also tax-free, Whenever you withdraw money when the PPF account is mature, it is also completely tax-free.

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PPF is used as an acronym to represent Public Provident Fund. now you might have got some idea about the abbreviation, acronym, Full form, and meaning of PPF. But, There Are some Most Using Full-Form and meaning of PPF acronyms and abbreviations listed in different categories below the table.

TermsFull Forms
PPFPounds Per Foot
Unit » Unit Measures
PPFPublic Provident Fund
Business » Stock Exchange
PPFPriorities and Partnerships Funding
Governmental » Economy
PPFPartner in Pet Food
Miscellaneous » Food & Nutrition
PPFPast Present And Future
Miscellaneous » Unit Measures
PPFPension Protection Fund
Business » Funds
PPFPage-level Protection Flag
Computing » Assembly
PPFPhotosynthetic Photon Flux
Miscellaneous » Unclassified
PPFPersonnel Processing File
Governmental » Military
PPFPrivate Professional Fiduciary
Governmental » Law & Legal
PPFPrint Production Format
Computing » IT
PPFPixels Per Foot
Miscellaneous » Unclassified
PPFPayload Processing Facility
Governmental » NASA
PPFPlaystation Patch File
Computing » Software
PPF Full Forms

What is the FAQs and the meaning of PPF?

In the above article, we have discussed all the Full Forms of PPF, their meaning, and their definition. Now we are going to discuss some FAQs that are frequently asked on the internet. So there are many FAQs on What does PPF mean in income tax. let’s explore some of them.

  1. What is the full form of PPF in banking?

    The Full Form of PPF is Public Provident Fund. The Definition of PPF and all possible meanings are given above, You might also like some similar terms related to PPF.

  2. What does PPF stand for?

    PPF stands for Public Provident Fund. But there may be more than one meaning of PPF, so check out all meanings of PPF in the Above post section.

  3. What does PPF mean in salary?

    PPF is an acronym that means Public Provident Fund. PPF account scheme is one of the most popular savings schemes prevalent in India. Since this scheme is offered by the central government, the money and returns invested in this scheme are safe and guaranteed. you can read Most used PPF Full Form Meaning. check out related information in the above section.

  4. What is the PPF Meaning in Hindi

    The PPF meaning in Hindi is लोक भविष्य निधि. It may be more than one Meaning of PPF so check out one by one in the above section.

  5. PPF ka full form in Hindi

    PPF ka full form in Hindi is लोक भविष्य निधि. It has many other Full Forms there are listed Above.

  6. What is the acronyms and abbreviation of PPF?

    PPF is an acronym for Public Provident Fund. The Definition & Meaning of PPF in Different Categories discussed above.

In this post, we discussed all the important things about What is the meaning of PPF. You will not only get all the possible PPF Full Form & Meaning. But also all popular full forms list, acronym, abbreviation and their meaning and definition.