Quote Originally Posted by Hemant View Post
1- One of my friend is living in USA. Can he invest in KVP.
No, The Non Resident Indians are not eligible to purchase Kisan Vikas Patra.
2- How often interest will be paid or compounded till maturity?
Rate of interest 8.40% compounded annually.
3- Will TDS be deducted at the time of maturity for interest portion?
Interest income taxable but no TDS.