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:

    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

  2. moneysmart says:

    I think that is right….

  3. Sumit says:

    Both comes under 80C.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

Check your Email and Click on the Confirmation Link

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

Check your Email and Click on the Confirmation Link