If you are a salaried individual and invest in the Public Provident Fund (PPF) to save tax under Section 80C of the Income Tax Act, 1961, you may be overlooking the Voluntary Provident Fund (VPF), whose returns beat that of the PPF, provide the same tax benefit, and come with the safety associated with a government investment scheme.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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