Friday, April 2, 2010

PPF- take the action Now!

Its the second of April-- the beginning of the new year and if you usually invest in PPF please invest NOW!

Two basic reasons for this
1. Its always better to invest upfront in the year- so that you get the benefit for the entire year.

2.With the change in the Direct Tax Code from April 2011 expected any interest savings will become taxable going forward. So if you invest in the PPF during march 2011-- Its interest will be taxable! So if you are planning to invest in march 2011- this investment will not be as lucrative as other investment opportunities.

So -- INVEST NOW

(Don’t forget to subscribe to the posts using the link on the right )

No comments:

Post a Comment

Subscribe via email

Enter your email address:

Delivered by FeedBurner