Ques:- In what all ways can the repeal of PPF Act affect the interest of depositors?
Asked In :-
MattsenKumar Services, Softcell Technologies, Emtec Technologies, Learningmate Solutions, Target Integration, Newt Global India, M/s. orange business services, Ford India, AroDek, Techversant Infotech,
Right Answer:
The repeal of the PPF Act can affect depositors by removing the guaranteed interest rates, reducing the safety of their investments, eliminating tax benefits, and potentially leading to lower overall returns on their savings.
The repeal of the PPF Act can affect depositors by removing the guaranteed interest rates, reducing the safety of their investments, eliminating tax benefits, and potentially leading to lower overall returns on their savings.