Context:
The Centre on Tuesday decided to maintain status quo on the returns payable on small savings schemes such as Public Provident Fund (PPF) for the January to March 2025 quarter.
PPF – Public Provident Fund
- PPF meaning can be simply stated as a long-term investment scheme, popular among individuals who want to earn high but stable returns. Proper safekeeping of the principal amount is the prime target of individuals opening a PPF account.