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how much tax exemption i will get in PPF?
by
Madhudevan Vasudevan
on Jul 10, 2007 09:41 AM
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If i m putting 20000 in a year in PPF account, How much tax exemption will i get? Can i show the full 20000 as savings or i can show only some percentage amount in 20000?
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Re: how much tax exemption i will get in PPF?
by
Ankur Sharma
on Jan 05, 2010 06:10 PM
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Madhudevan,
You can show the whole amount for saving the tax as long as it does not cross the Rs. 70000 PPF mark.
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The above message is part of the Discussion Board:
Where to invest to save tax