Welcome to Investmentkit.com Q&A, where you can ask questions related to investments & savings and receive answers from experts & other members of the community.

1,149 questions

1,144 answers

4,082 users

My Dad like to invest his PF (3 lacs) in POMIS & reinvest PM income in RD, what taxes will his income attract ?

0 like 0 dislike
asked Jul 29, 2011 in Taxes by anonymous  



1 Answer

0 like 0 dislike
All the interest earned from MIS and RD will be added to his taxable income and he has to pay tax accordingly.

Hope it will help you.
answered Aug 1, 2011 by admin (47,780 points)   6 7 13

Please log in or register to answer this question.

Related questions

Do you like this website? Get future updates via our Free newsletter.

Email ID:

 Privacy and Disclaimer