National Savings Certificate |
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Devendra (Chartered Accountant) (4775 Points)
01 December 2010
National Savings Certificate |
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Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 December 2010
Public Provident fund
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Created/updated on: , /Sa/3 Fe. | |
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Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 December 2010
Kisan Vikas Patra |
Created/updated on: , /Sa/3 Fe. | |
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Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 December 2010
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OBJECTIVE OF THE SCHEME
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POST OFFICE SAVINGS BANK | ||
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Amisha
(Asst. Company Secretary)
(205 Points)
Replied 01 December 2010
hey Devendra..
such a nice work.. one can get full idea about the topic..
tell me one thing more.. that can we open 3-4 PPF account ?? and if yes.. will a person be eligible to get the deductions ?? to what extent..
Best Regards
Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 December 2010
Dear Amisha,
A person can open more than one PPF Account. But the person is eligible for deduction u/s 80C upto Rs. 100000. (PPF is considered under sec. 80C).
Regards,
Devendra P Kulkarni
CA PuRvI M!$rA
(-)
(2260 Points)
Replied 01 December 2010
gud information at one place...thanx for sharing....
Sunshine
(Helping All)
(10575 Points)
Replied 01 December 2010
Originally posted by : PuRv! M!$rA | ||
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gud information at one place...thanx for sharing.... |
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Amisha
(Asst. Company Secretary)
(205 Points)
Replied 02 December 2010
Hi Devendra
Thanks for the information.. still one small question.. u dint mentioned how many account one can open.. instead u said one can open more than 1 account.. so it means there is no restrictions in opening 10 a/c also and deduction upto 1 lac is deductible. correct ?
Best Regards,
Devendra
(Chartered Accountant)
(4775 Points)
Replied 02 December 2010
Yes Amisha you are correct. You can claim deduction up to 1 lakh. And an individual can open 10 PPF Accounts.
Regards,
Devendra
Amisha
(Asst. Company Secretary)
(205 Points)
Replied 03 December 2010
hi and thanks Devendra for the information..
best regards,
bosubabuv
(SR.OFFICER (F&A))
(23 Points)
Replied 30 May 2014
Thanks for providing me the valuable information...............
Regards,
BOSE BABU.V
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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