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PPF interest is exempt under which section of Income Tax Act 1961?

section 10(11)


Is ppf interest taxable?

No. It is not taxable


Can we open PPF account of employee in company instead of PF account?

No. This cannot be done. A PPF Account is not mandatory for employees from an employer perspective but a PF account is. The government Mandates Provident Fund deduction for all permanent staff of companies. The PPF is a service which is available for interest citizens but it is not mandatory.


What is the ppf in investment?

Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.


What is PPF?

Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.


What does ppf stand for?

Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.


Why is PPF negatively sloped?

why PPF in economics is negatively sloped


When was PPF - company - created?

PPF - company - was created in 1991.


Balance of ppf account?

When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it


Does PPF can be started in Minor's name whose parents are NRI?

A PPF, which is also known as the Public Provident Fund can be started in a minors name. It can only be opened on behalf of the minor and under any circumstance be established as a joint account. An NRI is not permitted to open PPF accounts, therefore parents are not permitted to open an account on behalf the minor.


What is the difference straight ppf and concave ppf?

If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.


What causes ppf to be a straight line?

when the oppotunity cost is a constant the PPF will be a stright line