PPF Interest Exempt in which section

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MANAGER
373 Points Posted on 27 December 2021

I receives Yearly interest on PPF this  year. Please Tell me in which section of the income tax act, interest on PPF is exempt?

 

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On 27 December 2021 at 16:12 Report
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Quick Summary
This discussion clarifies the tax exemption status of interest earned on Public Provident Fund (PPF) accounts. The interest received on PPF is indeed exempt from income tax. Specifically, this exemption falls under Section 10 of the Income Tax Act.

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to be a ca and cs with mba in finance
39 Points Posted on 27 December 2021
Under section 10
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On 27 December 2021 at 16:26
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CA
10436 Points Posted on 28 December 2021
Yes exempt under section 10
1 Reply
On 28 December 2021 at 07:32

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