Professional Answers on Investments
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It was in news that from April 2011 it will be taxable interest on PPF. but still not any practical action has been taken so don’t worry. but it was in news too that after 1st 15 yrs lock in period one will have to withdraw that whole amount and cant not extend for other 5 years, still only tax consultant can advise with true information.
Only interest accrued after 01.04.2011 will be taxed on withdrawal.
No not at all taxable of ppf maturity.
HAVE A NICE DAY.
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