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AFPP Fund tax
AFPP Fund, deducted every month from the salary of army personal is taxable or not taxable
Replies (2)
Yes, AFPP is in the same nature as PPF. And the amount contributed to the fund is deductible u/s 80C. Also, the entire withdrawal will be tax free.
Myself father of Airforce officer would like to know, if my son subscribe 50000 per month in afpp and 150000 in bank PPF. How much he ll b taxed
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