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Ppf

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2013 i read somewhere that I can withdraw from my GPF and deposit the same in PPF and avail of 80C...however I'm not sure what benefit that would be...does it free up funds for prepayment of home loan or...?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
31 August 2013 deposit in PPF is eligible for deduction u/s.80C. withdrawing PPF before 5 years is taxable

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