Public provident fund

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Mechanical
215 Points Posted on 30 June 2017
does public provident fund come under 80 cc?
or is it excluding that
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On 30 June 2017 at 20:07 Report
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SEO Sai Gr. Hosp.
212489 Points Posted on 30 June 2017

Investment of any amount in PPF account is deductible u/s. 80C (subject to total cap of 1.50 lakhs with other options...)

And interest accrued in PPF acc. is tax-exempt

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On 30 June 2017 at 20:15
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Job
1865 Points Posted on 30 June 2017
Please read this article for more understanding of PPF deduction https://www.bankbazaar.com/saving-schemes/ppf-tax-benefits-and-features.H T M L
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On 30 June 2017 at 21:55

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