The max PPF deposit limit is 1.5L. It has a 15 year lock in.
I am suspecting that the next taxation dragon will be on equity LTCG and even the EEE in PPF might get a splash of red with tax…who knows?
With on the ground inflation anywhere from 25-50%/year in India, 22.5 L (15×1.5) in PPF after 15 years, may not even get through an year of rent !! and that is the sad reality
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