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

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asked Jul 29, 2011 in Taxes by anonymous  



1 Answer

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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 (48,700 points)   6 7 13

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