PPF Interest Exempt

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DM
21 Points Posted on 18 June 2021

My client receives interest on PPF every year. Just wanted to know under which section of the income tax act, interest on PPF is exempt?

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On 18 June 2021 at 11:29 Report
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Quick Summary
The Public Provident Fund (PPF) interest received annually is entirely exempt from income tax. This exemption is provided under Section 10(11) of the Income Tax Act. While exempt, the interest amount still needs to be declared in your Income Tax Return (ITR) for reporting purposes.

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Chartered Accountant
24588 Points Posted on 18 June 2021
PPF Interest is exempt under section 10(11)
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On 18 June 2021 at 11:43
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engineer
1085 Points Posted on 18 June 2021

Exempted  and appears ITR income for showing perpose only, 

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On 18 June 2021 at 11:46
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403 Points Posted on 18 June 2021
PPF interest is exempt u/s 10(11)
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On 18 June 2021 at 14:49
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132 Points Posted on 18 June 2021
PPF interest is exempt u/s 10(11)
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On 18 June 2021 at 21:11
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tax consultant
3306 Points Posted on 19 June 2021
Its absolutely exempt
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On 19 June 2021 at 15:05

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