For Investment of Rs. 10,000.00, Which one is better option, NSE & PPF? How much tax will be deducted on Interest on NSE on Maturity? How much I will get on maturity of NSE?
RE:PPF against NSE
by anup ray on May 26, 2008 05:07 PM Permalink
PPF will definately be better, if you are willing to invest it for every FY. Your interest won't be taxable.
dear friends, one important point i would lkt to discuss for NSC is that u can avail loan (90% of NSC value) from bank and u can invest the same in IPO, ultimate result for a year will be more than what u get in nsc (after deduction of loan interest) Whats say? a big deal?