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Thread: Under which section the maturity proceed of PPF is exempt?

  1. 24-02-2011 #1
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    Question Under which section the maturity proceed of PPF is exempt?

    Under which section the maturity proceed of PPF is exempt, when I am closing my PPF account after 15 years?


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  2. 25-02-2011 #2
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    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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