.................The government has issued a notification raising the limit from annual PPF deposit limit from Rs1 lakh to Rs1.5 lakh in pursuance of the announcement made by finance minister Arun Jaitley. PPF is a 15-year investment scheme under which an investor enjoys tax exemption at the time of deposit, accrual of interest and withdrawal. The interest rate on deposit in PPF for 2014-15 fiscal is 8.7%. Jaitley had increased the PPF investment limit in line with the hike in .........
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