What Is Public Provident Fund (PPF)? | PPF Full Form & Meaning | UBS

PPF stands for Public Provident Fund supported by the Government of India. PPF is used as a long-term investment. It has a beneficial rate of good returns and an interest rate on the investment. This provides a higher level of safety to investment capital. The main benefit of having PPF is, that returns are not taxable under the Income-tax Act.