Is ppf amount on parenthood is taxable?



Answers:    Actually there is a proposal for taxing it at the time of readiness. This proposal is pending since two years. They are (Mr. Chidambaram) proposing to excise on the maturity principal amount and going away tax on interest. Since within is a lot of ill feeling, it is still pending. As of very soon, no tax on old age.
no not at all. the parenthood amount including the interest is completely tax free.

  • I converted $5K from a standard to a Roth IRA final year...can I avoid adding together this to my income somehow?
  • How much is your charge reimbursement file near eic?
  • Can I contribute to an IRA for the 2007 rates year AFTER I've done my taxes for that year?
  • S corp schedule to database on 1040?
  • Late State Tax Filed?