The public provident fund (PPF) plan is a long-term investment option with an attractive interest rate and returns on the amount invested. Returns on PPF or interest earned are not taxable under income tax. PPF account is a government-backed scheme and it is not market-linked, that’s why...
Public Provident Fund (PPF) scheme is a long-term investment option which offers an attractive rate of interest from time to time and returns on the amount invested. The interest earned and the returns are not taxable under Income Tax. One has to open a PPF account under this scheme and ...
3 Calculate FD Monthly / Quarterly Interest Payable 4 Bankers DA Expected DA 5 Loan EMI, Compare Two Loans & Repayment Details 6 NPS Calculator 7 Fillable NEFT/RTGS Form With Auto Amt. in Words 8 Pay In Slip With Auto Denomination Totals 9 Calculate Taxable Value of LTCG Tax on Shares...
When you sell an investment, stocks, Mutual Funds(Debt and Equity), real estate, gold you can get Capital Gains or Capital Loss. These are taxable and have to be reported in ITR(Income Tax Return) in the financial year when you made the sale. To assess your tax liability and file your...
The maturity amount that you receive is also not taxable. Given this double-edged benefit, most of the other fixed income instruments pale in comparison to the PPF. How liquid is PPF? Liquidity is defined as the ability to convert an investment into cash quickly. Having said that, PPF is ...
(Employee Provident Find or EPF), besides their compulsory contribution to PF there is a provision for an additional orVoluntary contributionto EPF popularly called asVoluntary Provident FundorVPF.The employer will not contribute more. How does taxing of interest on EPF contribution of more than ...
With an increase in the medical facility and the constant increase in life expectancy, it has become more important to save for retirement. An average Indian spends 20 – 25 years of his life in retirement. Still, the majority of the population do not save enough for this major event. ...
The public provident fund (PPF) plan is a long-term investment option with an attractive interest rate and returns on the amount invested. Returns on PPF or interest earned are not taxable under income tax. PPF account is a government-backed scheme and it is not market-linked, that’s why...
On the other hand, if the FD is on your adult child’s name you will not have to pay any tax at all if his total annual income is below the taxable limit Insurance An 18-year-old can also buy life, health, vehicle and other insurance policies in his name, though it is too early...
The public provident fund (PPF) plan is a long-term investment option with an attractive interest rate and returns on the amount invested. Returns on PPF or interest earned are not taxable under income tax. PPF account is a government-backed scheme and it is not market-linked, that’s why...