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Calculate returns for Public Provident Fund
Public Provident Fund (PPF) is a trusted tax-saving investment scheme. It has a lock-in of 15 years and offers attractive interest rates that are fully tax-exempt (EEE status).
A = P [({(1+i)^n}-1)/i] (1+i)Tax Benefits: Deduction under 80C and tax-free interest/maturity.
Safety: Government-backed scheme with guaranteed returns.
Long-term Wealth: Ideal for building a retirement corpus due to 15-year lock-in.