Professional Answers on Investments
Insurance, Mutual Funds, Sensex, Nifty, Financial Planning
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1.Under the PPF scheme the maximum contribution is Rs 70,000
2. Sec 80C Accrued interest (which is deemed as reinvested) is also qualified for deduction for first 5
The method of taxation for PPF is EEE i.e.
Investment – Exempt
Interest – Exempt
Withdrawal – Exempt
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