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NSC

This query is : Resolved 
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(Querist)
18 December 2009 Respected Sir, I want to know that if a person purchase NSC. how many year he can take benefit from their purchasing NSC.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 December 2009 For the amount initially invested u can avail exemption in the year of investment only. For the interest accruing u can avail exemption for all the years except for the year of maturity.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
18 December 2009 Agree. NSC is one time Investment so you will be get benefit of 80C for next year you have to invest another NSC.
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