February 8, 2014 9:59 am
I read regarding NSC that if deduction is claimed under section 80C for NSC then interest is tax-free but otherwise it is not.
Isn’t interest earned on NSC tax-free like PPF?
Thank you Ashal.
Dear Swapnil, no matter you claim tax benefit or not, the interest from NSC is always taxable.
Your email address will not be published. Required fields are marked *
Please subscribe me to your Email Newsletters
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Download Our FREE Ebook!
Available only for first 100 people today
New here? Create an account