"Great things never come from comfort zone"           "Wealthy people invest first and spend what’s left and broke people spend first and invest what’s left"           "Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future"           "The secret to getting ahead is getting started.................Start using your Savings to Earn Money"           "The best gift, and investment, you can give your child is your time"           "Investing in your child’s education is never a wasted effort"           "Making money and handling money are both different things"

Answers 

What is the Interest rate on Public Provident Fund or whether interest received thereon is taxable or not?

Total Answers 1
Answer by: VISHAL BANSAL

Interest rate on public provident fund is now revised in 3rd quarter i.e. @ 8.0% per annum while in the 1st or 2nd quarter 2018 it was 7.7% per annum. Interest received on PPF is annually or it is exempted under Income Tax Act.


Share your answer Make sure to Login befor submitting an answer

© 2024 - EnSkyAR Financial Services