Is Investing in EPF & PPF same in terms of Tax saving?

POSTED BY Dr.Sachin ON January 16, 2014 1:39 pm COMMENTS (3)

An employee contributing to his ‘ Employees’ Provident Fund’ will also be counted for tax deduction under 80C? Or is this contribution not counted for tax deductions at all? If counted, it comes under which section? Or Section 80C is for PPF only?

3 replies on this article “Is Investing in EPF & PPF same in terms of Tax saving?”

  1. mundhada says:
    January 16, 2014 at 3:54 pm

    Both come under 80C for tax deduction. In addition 80 c also cover other items such as Insurance Premium , Housing Loan Principal , Notified Bank FD , ELSS , NSC etc

    Reply
  2. moneysmart says:
    January 16, 2014 at 3:10 pm

    I think that is right….

    Reply
  3. Sumit says:
    January 16, 2014 at 2:03 pm

    Both comes under 80C.

    Reply

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