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ADVANCE TAX ACCRUAL INTEREST KVP INVESTMENT

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Laxmikanthan Rajan

22 Points Posted on 12 July 2022

Please provide me ACCRUAL INTEREST CHART (either CHART TABLE or EXCEL calculator ) fot investment made in KVP for 204 MONTHS @ 6.9% COMPOUNDED ANNUALLY -DOUBLE THE INVESTMENT IN 10y 4Months

If investment is made during the middle of the Finanacial Year , Pleae provide me downloadable EXCEL INTEREST CALCULATOR to get Finanacial Yearwise ACCRUAL interest on account of Investment made in KVP @ 6.9% annual compounding

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Quick Summary

This discussion seeks an accrual interest chart or an Excel calculator for investments made in Kisan Vikas Patra (KVP). The user requires a tool to calculate annual compound interest at 6.9% over 204 months, specifically focusing on financial year-wise accrual for tax purposes. The goal is to accurately determine interest earned and its relevance for Income Tax Return (ITR) filings, especially when investments are made mid-financial year.