PPF

TDS on post office schemes: If the total withdrawal by an investor in a financial year is more than Rs 20 lakhs but does not exceed Rs 1 crore and he does not fill the ITR, then 2% TDS will be deducted on the amount exiting more than 20…

PPF was introduced as a saving instrument in 1968 by the National Savings Institute of the Ministry of Finance. The scheme comes with income tax benefits. In PPF, you have to invest a minimum of Rs 500 in a financial year to keep the…

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