PPF
This query is : Resolved
30 July 2010
respected All,
Any body tell me. PPF is equal to pension plan and if yes then how it is work.
Any body tell me. PPF is equal to pension plan and if yes then how it is work.
30 July 2010
PPF is not like a pension paln. One can make yearly Investment of 70000/- in a year. Investment in PPF is exempted under Income TAX ACT. The tenure of PPF is 15 years. The rate of Interest on PPF is 8%. You can also withdraw money from PPF after a certain period of time to some extent. You will get the money deposited in PPF along with the Interest on Maturity date. Interest earned in PPF is also exempted under Income Tax ACt.
30 July 2010
For entire details on PPF please download file from below mentioned link---
https://www.caclubindia.com/share_files/details-of-ppf-27831.asp
https://www.caclubindia.com/share_files/details-of-ppf-27831.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Import license renewal
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
