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Exempt income a. y. 2021-22

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124 Points Joined April 2018
What are the exempt income in a. Y. 2021-22? Is dividend(s) from equity & mutual fund exempt income? If not, then are these dividends are to be included in total income? Is ppf interest exempt income?
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On 10 May 2021 at 23:15 Report
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Miss
118 Points Joined June 2016
Ppf interest in exempt income
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On 10 May 2021 at 23:17
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UNEMPLOYED
80 Points Joined March 2009
Lic also
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On 11 May 2021 at 00:59
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Chartered Accountant
24588 Points Joined November 2019
Ppf Interest is exempt income.

dividend from mutual funds are tax free
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On 11 May 2021 at 05:57
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Practice
1361 Points Joined June 2019
Yes these are exempt income.
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On 11 May 2021 at 08:51
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124 Points Joined April 2018
But tax deducted from many mutual fund dividends which is showing in 26AS form.
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On 11 May 2021 at 16:41
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CMA
13117 Points Joined May 2009

As DDT has now been abolished, I think dividend income is taxable. TDS @ 10% when it exceeds Rs.5000.

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On 11 May 2021 at 17:24
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tax consultant
3306 Points Joined October 2018
No dividends are exempt now. ppf continues to be exempt.
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On 11 May 2021 at 21:21
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Sr.Accountant
40 Points Joined February 2010

Dividend received in not tax free above 5K. Bank interest is also tax free till certain limit, PPF Interest will continue tax free income maybe life time. 

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On 21 May 2021 at 18:53

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