SIVASIVA
(FCA, Future CA)
(4935 Points)
Replied 10 July 2010
as the name itself explains, it is PUBLIC PF So, government exempts
C.Balaji
(Learner)
(1867 Points)
Replied 10 July 2010
PPF interest is exempt.... Why means???? Do you want it to be made taxable???
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 11 July 2010
| Originally posted by : C.Balaji | ||
 |
PPF interest is exempt.... Why means???? Do you want it to be made taxable??? |
 |
Satvir Singh
(Newly minted CA)
(1733 Points)
Replied 11 July 2010
to promote the habit for saving among people.
Ashish Sharma
(Service)
(1028 Points)
Replied 11 July 2010
| Originally posted by : singh Litt | ||
|
|
to promote the habit for saving among people. |
|
to the point answer
C.A Trapti varshney
(CA (ranker) B.com C.S)
(125 Points)
Replied 13 July 2010
ppf intt is exempt b'coz it is a kind of retirement savings. n govt. wants to exempt retirement savings. most of the retirement plans are exempt . so, it has been done to bring it parallel with other plans.
Pls correct me if i m wrong somewhere.
Thanks
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