nsc interest rate?

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Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2010 Please provide me NSC interest rate?

CA Sanat Pyne

CA Sanat Pyne (Expert)
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11 September 2010 Year After 28.2.2001
but before 1.3.02 After 28.2.2002
but before 1.3.03 After 28.2.03
1st Year 9.72 9.20 8.16
2nd Year 10.67 10.05 8.83
3rd Year 11.71 10.97 9.55
4th Year 12.85 11.98 10.33
5th Year 14.10 13.09 11.17
6th Year 15.47 14.29 12.08
74.52 69.58 60.12

CA Sanat Pyne

CA Sanat Pyne (Expert)
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12 September 2010 or you can get it from
kwatraonline.com

ajmal

ajmal (Expert)
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12 September 2010 there is any limit in this deposit,or exemption is allowed in the case of all amount

NISHIT A. DOSHI

NISHIT A. DOSHI (Expert)
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16 September 2010 Hi,

For NSC, one can purchase as many as certificates as you want. However, exmption will be allowed only upto Rs. 1 lakh u/s 80C as it comes under the purview of 80c of income tax act.

Thanks.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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17 September 2010 NO LIMIT.
BUT ONLY 1 LAC IS ELIGIBLE FOR DEDUCTION U/S 80C

ajmal

ajmal (Expert)
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18 September 2010 Thanks..my dear Experts....

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