AFPP Fund tax

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36 Points Joined July 2020

AFPP Fund, deducted every month from the salary of army personal is taxable or not taxable

Replies (2)

8 Points Joined July 2020

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.

2 Points Joined April 2022

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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