This discussion clarifies the taxability of Kishan Vikas Patra (KVP) upon maturity. The tax is applied annually based on the accrued interest, not just at the point of maturity. For example, if you invest £150,000 in KVP and it matures to £300,000, the tax is calculated on the interest earned each year as it accrues, impacting your Income From Other Sources (IFOS).