How much can you invest in PPF?
You can invest
minimum Rs. 500 to maximum Rs. 1,50,000 in PPF in one financial year.
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How much can I invest in ELSS?
You can invest any amount in ELSS. But the overall tax exemption limit will be capped at ₹1,50,000 as per section 80C.
How much can you invest in REC/NHAI Bonds?
You can invest a minimum of Rs. 10,000 and a maximum of Rs. 50 lakh. The face value is Rs. 10,000 per bond, so you can buy up to 500 bonds.
What is PPF?
Public Provident Fund (PPF) scheme is a popular long-term investment option backed by the Government of India which offers safety with returns in the form of interest, which is compounded annually.
Who can invest in NPS?
Any Indian citizen including Indian NRIs between the ages of 18 years and 60 years can invest in NPS. There is also a provision to open an NPS tier-1 account from the age of 60-65 years, subject to special rules and conditions.
When can I invest in this scheme?
You can invest in SSY in the name of the girl child any time before she turns ten years old.