You can take Income Tax Benefit for invested amount the year, you have invested and the interest accruing every year would be claimed every year.
Return would be compounded half-yearly @ 8%.
You can take Income Tax Benefit for invested amount the year, you have invested and the interest accruing every year would be claimed every year.
Return would be compounded half-yearly @ 8%.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.