PPF Income Strategy, April 12 -- Public Provident Fund, commonly known as PPF, is one of the most popular small savings scheme in India due to its tax benefits, interest rates and easy accessibility among others. PPF is a long-term investment scheme that gives you decent returns on the principal you invest. Backed by the Government of India itself, this small savings scheme is one of India's most trusted savings instruments.

With the right amount of discipline, you can grow a corpus of over Rs.1 crore using PPF and get Rs.61,000 monthly as pension from the interest, without even touching the principal.

The government has recently announced the latest interest rates on various small savings schemes, including PPF, for the April to June q...