Dear Neelesh, as rightly pointed out by dear Ramesh, the article is dated back to April 2010 whereas in June 2010, the DTC proposals were amended a lot & that revised DTC draft has now been put up with parliament. At present the PF & PPF are under EEE category.
@Neelesh, check the date of the article. Apr 2010. = more than 1 year ago. At that time, this was the proposal which has now been changed in the revised DTC.
Thank You everyone for clarifying and giving time for the question .
Thank you very much.
Neelesh
Dear Neelesh, as rightly pointed out by dear Ramesh, the article is dated back to April 2010 whereas in June 2010, the DTC proposals were amended a lot & that revised DTC draft has now been put up with parliament. At present the PF & PPF are under EEE category.
Thanks
Ashal
Dear Neelesh, PPF & PF both are under E-E-E regime in DTC as per draft proposal with the parliament.
Thanks
Ashal
See
http://money.sulekha.com/direct-tax-code-impact-on-ppf_04_2010_postedby_bankbazaar
This says a bit different side of the story.
please comment
Neelesh
@Neelesh, check the date of the article. Apr 2010. = more than 1 year ago. At that time, this was the proposal which has now been changed in the revised DTC.
So currently, PPF is under EEE and NOT eet.