Ppf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 February 2012
Dear experts
i want to invest in Pf can you please provide me the pros and cons of investing in PPF.
Besides this i want to know whether the interest and the maturity receipts are taxable or exempt at all.
and If i will invest Rs70,000 p.a for 15 years what will be the amount that i will receive after 15 years.
Please take this issue an urgent and reply asap
i want to invest in Pf can you please provide me the pros and cons of investing in PPF.
Besides this i want to know whether the interest and the maturity receipts are taxable or exempt at all.
and If i will invest Rs70,000 p.a for 15 years what will be the amount that i will receive after 15 years.
Please take this issue an urgent and reply asap
25 February 2012
interest and maturity receipt are exempt.
maximum contribution per year raised to 1 lacs.
interest rate of ppf keeps on changing, hence accurate prediction of the amt after 15 years cannot be made.
maximum contribution per year raised to 1 lacs.
interest rate of ppf keeps on changing, hence accurate prediction of the amt after 15 years cannot be made.
03 April 2012
I agree with the experts as your reply has been given by taking into consideration all related issues
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