If you have a Public Provident Fund (PPF) account and are not currently employed, you might be wondering about the taxability of the interest earned. The good news is that interest earned on your PPF account is tax-exempt, regardless of your employment status. This means you do not need to pay any tax on the interest your PPF accrues, even if it's a substantial amount.
18 May 2024
I'm a professional doctor. I'm not employed anywhere. I had PPF account in which my PPF interest is above 3.5 lakh p.a. Is this interest taxable or not?