Investment in cash
Querist : Anonymous
Hi,
Mr. X Got Rs. 50000 in CASH and now he want to earn income/Interest on it without investing the same in PAPER..
Paper means > He want a CASH payout and CASH payin
Is there any option for it ?
Invest in PF
he will get deduction U/s 80C for the amount invested
and also the Interest will be exempt U/s 10(11)
but as you asked cash payout. So you can invest in cash to individual. no one can suggest a way. but it is risky
your investment can also go
Querist : Anonymous
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