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Ppf interest

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(Querist)
06 July 2012 1. Interest of Public Provident Fund are tax free?
2. At the Time of Maturity the Whole Interest are Tax Free ?

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Pallab Chatterjee
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Mohit Naithani

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Mohit Naithani (Expert)
06 July 2012 Whole amount of interest are tax free at a time of Maturity of PPF. Only interest credited from Unrecognized Provident fund is taxable.... and interest credited from Recognized PF is exempt upto 9.5%.

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