TaxTMI 
TaxTMI 
Under which section , sub section and clause if any the "Interest on PPF " is exempted
Interest on PPF - exempted under which section
22 Nov 2007 
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Interest on Public Provident Fund exemption under section 10(11) affirms tax-free treatment of PPF interest.
Interest earned on a Public Provident Fund account is exempt from income tax under section 10(11), so interest credited to or received from a PPF account is treated as exempt income and excluded from the account holder's taxable income. (AI Summary)
Interest earned on a Public Provident Fund account is exempt from income tax under section 10(11), so interest credited to or received from a PPF account is treated as exempt income and excluded from the account holder's taxable income. (AI Summary)