Interest on minor's ppf account taxable or not?

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2014 Dear Sir,.
I have question that interest on minor's ppf account is it taxable to guardian or not?

19 December 2014 PPF interest is NOT taxable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2014 even if guardian has invested Rs.150000 IN PPF A/C?

19 December 2014 yes PPF interest is not taxable even if deposit amount is Rs.150000


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