Just few days back we have a post about comparison of PPF and Bank deposits for 80C benefits and compared few features of both the products.This post can be considered as an extension of that post. Here I have tried cumulative flow of both PPF and Bank fixed deposits( with tax liability of different tax brackets). Assumptions:…
What If I was Invested Rs.3000/- Per Month In PPF Since Yr.2000-01:
Origin of this post is the comment placed by one of the reader and can be read here.Thanks to the comment I don’t find any need to search for the old interest rates between 2000-2003. In that particular post we were ended assuming current rate of 8.60% will avg out for next 20 yrs and accordingly…