POMIS tax benefit

Post office Monthly Income Scheme Is it deductible u/s 80c and interest on that is it taxable?

guide on this query.

thank u...
Replies (2)
Quick Summary
The Post Office Monthly Income Scheme (POMIS) does not qualify for deductions under Section 80C of the Income Tax Act. Furthermore, any interest earned from the POMIS is considered taxable income.

No, sec. 80C benefit not available For MIS. Interest Income is taxable.

Ok..thank u...

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