ppf

Income Tax Deadline! Last 3 weeks to invest in tax saving instruments to claim tax deduction, check details | Mint

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With financial year 2024-25 soon coming to an end, only three weeks are remaining before the taxpayers can invest in the tax-saving instruments such as PPF, NSC, KVP, SSY and SCSS.  Taxpayers who wish to claim income tax deduction must invest in these instruments before March 31. Where can taxpayers invest to claim income tax … Read more

Transferring PPF maturity funds? Know the tax implications before you do | Mint

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My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our daughter. What will be the tax position implications for all of us? As from April, interest will be earned in my name. I should and will be liable to pay … Read more