Interest – 8% per annum compounded yearly. Investment Limits – Minimum Rs. 500. Maximum Rs. 70,000 in a Financial Year. Deposits can be made in lump sum or in monthly installments. Salient Features – Deposits are qualified for Income Tax rebate under Section 88 of IT Act. Deposits completely
Public Provident Fund Account – Features
August 1st, 2009 | by Amit Sahrawat | published in Income Tax