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Under which section the maturity proceed of PPF is exempt?
head
24-02-2011, 02:24 AM
Under which section the maturity proceed of PPF is exempt, when I am closing my PPF account after 15 years?
Expert
25-02-2011, 12:39 AM
Maturity proceeds is completely tax exempt under section 10 of Income tax act. But this may change with the new tax code.
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