Magnificent scheme of post office: investment of Rs 3000 will make the owner of so many lakhs

Post Office Scheme : If you invest in post office schemes, then you can easily make a fund of up to Rs 10 lakh by investing in this post office scheme. Due to which you will become the owner of lakhs of rupees. There are many small savings schemes available for investment in the post office. By investing a small amount in these schemes, you can secure a huge amount for yourself. The PPF scheme of the post office is also one of these. If you also Public Provident Fund (Public Provident Fund) If you want to collect a fund of up to 10 lakh rupees in 15 years, then for this you will have to invest only 3000 thousand rupees monthly. You can easily add 3000 thousand rupees easily by saving 100 rupees every day.

Branches of the post office are present in every city of the country as well as in the village. Now the post office has also started the facility of internet banking. At the same time, the investment made in the post office is considered the safest. Because the Indian Post Office is operated by the Government of India. In such a situation, there is no fear of sinking of the investment made in the post office. At the same time, 7.1 percent interest is being given in the PPF scheme in the post office.

This is how you will get 10 lakhs in 15 years

1. If you save 100 rupees every month in the post office and invest 3000 rupees in the monthly PPF scheme, then in 15 years you will have a fund of 9,76,370 rupees.
2. According to 3 thousand rupees per month, you will have to deposit a total of 36 thousand rupees in a year, which will be 5,40,000 rupees in 15 years.
3. You will get interest at the rate of 7.1% on this amount, which will be Rs 4,36,370 in 15 years.
4. In this case, you will have a total fund of Rs 9,76,370 in 15 years by including interest and principal.

Will also get the benefit of tax exemption

PPF gets the benefit of tax exemption under section 80C of the Income Tax Act. In this, deduction of investment up to a maximum of Rs 1.5 lakh can be taken in the scheme. Interest earned in PPF and maturity amount are also tax free. In this way investment in PPF comes under EEE category.

This is how you get the benefit of tax exemption

Tax exemption under section 80C, you get in the form of tax deduction. The method is that you deduct the income of Rs 1.50 lakh from your total annual income. This reduces your taxable income by Rs 1.50 lakh for that year. On that reduced income, you have to calculate by keeping it in the income tax slab. This reduces your tax liability.