how to calculate interest on nsc purchase in 2009-10 for taking its benefit in income tax in next year?



what is the annual interest on NSC purchased after 1st april, 2009 to have relief from income tax

how to calculate interest on nsc purchase in 2009-10 for taking its benefit in income tax in next year?
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2 Replies to “how to calculate interest on nsc purchase in 2009-10 for taking its benefit in income tax in next year?”


  1. For every 100/- NSC there accrues interest of 8/- to 8.5/- per year. Declare that interest as part of your earnings. Pay tax and on maturity no need to pay tax again.





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