What is Public Provident Fund? Introduction of PPF

The Public Provident Fund (PPF) is a statutory, long term, savings-cum-tax-saving scheme of Government of India under the provisions of the Public Provident Fund Act, 1968. History of PPF: The National Savings Organization (NSO) introduced the Public Provident Fund (PPF) scheme in 1968 to mobilize small savings from the workers of unorganized sector and self