PPF In April 2011 Vs March 2012

March has gone and has taken all the tax fever away. All of us were running around to ensure we max our tax saving investments.

The year has turned and a new financial year has started. Most people will wait for March 2012 to make investment in tax saving instruments like PPF.

But this post is about why it makes sense to invest today in April and not in coming March.

Its basic. PPF is a great investment vehicle- not only to save tax. The interest earned is a handsome 9% and is totally Tax free. So if you invest now in April, you get the full 9% interest rates for the year. Usually people get their bonuses in March Salary and they spend it all in april and then try and run around to save later on.

Automate your finances - especially the "Pay yourself first" concept.

Get going and invest in PPF right away-- dont wait till march!

Happy investing!

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