WebJan 27, 2024 · Here are the options available for PPF holder on maturity of 15 years. #1 – Close the PPF account on maturity and withdraw the total amount along with interest. … WebApr 13, 2024 · Since the new tax regime is now the default tax regime, ... the interest and the maturity is also tax exempt. Currently PPF provides a return of 7.1% per annum. ...
PPF Calculator (Public Provident Fund Calculator) – …
WebAug 31, 2015 · SHARE. Please advice me while Filing ITR under which head should I show the PPF Maturity amount I received (around 10 Lakhs). I reinvested this amount in … WebApr 4, 2024 · Tax Benefits on PPF. The Public Provident Fund provides tax benefits under Section 80C of the IT Act, 1961. It allows income tax deductions up to Rs.1.5 lakh on the … cstaber torrent
Want to close PPF account before maturity? Here is when ... - MoneyControl
WebThe lock-in period of 15 years will be calculated from the end of the financial year in which you opened your account i.e. F.Y. 2024-19. Hence it will be calculated from March 31, … WebApr 15, 2024 · But, PPF has some other features like income tax exemption on PPF interest earned and PPF maturity amount. By, opening PPF account in the name of spouse, the … WebApr 1, 2024 · 7.10%*. Tenure. Up to 15 years. Tax benefit. Of up to Rs 1.50 lakh under Section 80C. Risk profile. Completely secure**. *In a circular issued on March 31, 2024, … early christians called followers of the way