AFPP Fund tax
Anil Patel (36 Points)
12 July 2020
AFPP Fund, deducted every month from the salary of army personal is taxable or not taxable
2 Replies
Reema Saw
(8 Points)
Replied 12 July 2020
Yes, AFPP is in the same nature as PPF. And the amount contributed to the fund is deductible u/s 80C. Also, the entire withdrawal will be tax free.
sathya bama
(2 Points)
Replied 17 April 2022
Myself father of Airforce officer would like to know, if my son subscribe 50000 per month in afpp and 150000 in bank PPF. How much he ll b taxed
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