Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Tejas Chokshi | Answer |Ask -Follow

Tax Expert - Answered on Aug 07, 2023

CA Tejas Chokshi has over 20 years of experience in financial planning, income tax planning, strategic and risk advisory, banking and financial products and accounting and auditing.
He is an information system auditor, a forensic auditor and concurrent bank auditor.
Chokshi, who has a master’s degree in management, audit and accounting from Gujarat University, has completed his CA from the Institute of Chartered Accountants of India.... more

Question by RK on Jul 27, 2023Hindi

Money

Is PPF Interest Taxable after a Limit of 2.50 Lakhs ?

Ans: for the financial year 2020-2021, the interest earned on the EPF was tax-free up to an annual limit of Rs. 2.5 lakh.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Mihir Tanna |1112 Answers |Ask -Follow

Tax Expert - Answered on Feb 02, 2023

Question by Ashwani - Feb 01, 2023Hindi

Money

Can u clarify, whether interest on PPF under new tax regime will be exempted

Mihir Tanna |1112 Answers |Ask -Follow

Tax Expert - Answered on Mar 02, 2023

Question by SUNIL - Feb 03, 2023Hindi

Money

Is INTEREST IN PPF ACCOUNT EXEMPTED IN NEW TAX REGIME

Vivek Lala |324 Answers |Ask -Follow

Tax, MF Expert - Answered on Mar 11, 2023

Question by PK - Feb 28, 2023Hindi

Money

In the new tax regime, is interest on PPF taxable?

Ans: no changes in the PPF taxation

Mahesh Padmanabhan | Answer |Ask -Follow

Tax Expert - Answered on May 08, 2023

Question by Siju - May 06, 2023Hindi

Money

Hi Sir, I receive yearly interest payment in ppf ac @3lakhs. Is it now currently taxable under old tax regime ?

Ans: Hi Siju
The PPF interest is exempt from tax

Mihir Tanna |1112 Answers |Ask -Follow

Tax Expert - Answered on Aug 02, 2023

Question by Vyankatesh - Jul 10, 2023Hindi

Money

I would like to know whether the interest in PPF account is taxable and has to be included in filling the ITR.

Ans: In the Income Tax Return, interest income on PPF is required to be shown under EXEMPT INCOME schedule as exempt u/s 10(11) of Income Tax Act.

Latest Questions

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Nitesh - May 24, 2026Hindi

Career

Sir my CRL rank is 126000 in jeemains and OBC NCL FROM WEST BENGAL IS 42000. IN THIS CASE CAN I GET A SEAT IN JOSSA OR SHOULD I GO FOR AMRITA VISHWA VIDYAPEETHAM BANGALORE FOR BTECH CSE

Ans: You have chances with lower branches in some newer NITs/GFTIs, but for CSE, Amrita is the safer and better option overall if finance is not the issue for you.

Good luck.
Follow me if you receive this reply.
Radheshyam

Asked on - May 24, 2026 | Answered on May 24, 2026

Can I get admission in good college in cse in csab counselling at CRL 126000

Ans: Chances are on the borderline.

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Asked by Anonymous - May 24, 2026

Career

My son got in Btech ece group in saveetha deemed eng college how about the placement and faculty can anyone suggest how it is

Ans: ECE at Saveetha has good infrastructure and a flexible learning system, but core ECE placements are average, and faculty quality is mixed. Overall, it is fine if your son focuses on skills, internships, and preparation for higher studies alongside college academics. If no other alternative is available, you can go with Saveetha. (The information is collected from online sources, as it is not possible for us to know all the details about any college/institute)

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Asked by Anonymous - May 24, 2026Hindi

Career

Sir, My Comedk score is 71. Please suggest me colleges for CSE & CSE specialization

Ans: Try with BMS, Meenakshi, CMR, RNS, and Dayananad in later rounds.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Sumathipriya - May 24, 2026

Career

My son secured 98.3 percentile obc ncl candidate.... nit trichy production, nit calicut mechanical and vit cse core are in our hands... which is your order of preference...

Ans: Preference order may be: Production @ NIT Trichy > Mechanical @ NIT Calicut > CSE @ VIT, unless he is strongly focused only, and you are comfortable with the fee structure.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Aditya - May 24, 2026Hindi

Career

Sir I got 98.3 percentile in mains and around 95 marks in advance hope to get a rank around 15k to 16k rank should I got for lower iits core branch like civil mechanical metallurgy or tier 2 nits electrical engineering

Ans: For better career flexibility and placements, Electrical @ Tier-2 NIT is generally a better choice than lower IIT core branches unless you strongly prefer the IIT tag or plan for non-core/government exams. The final decision will be yours.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Asked by Anonymous - May 24, 2026Hindi

Career

My sister has scored47 marks in comedk are there chances of getting cse ai/ml

Ans: Chances with top colleges are almost nil. Try with newer or lower-tier colleges during later rounds. But you keep an alternative option ready as a backup. More practical advice is to choose a decent private college with the preferred branch and take admission via the management quota if finance is not the main concern.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Divinesha - May 23, 2026Hindi

Career

I got 85 marks in COMEDK. What all colleges can I get with that, considering I want to pursue ece vlsi or ece or aerospace only. Also, I'm from Chandigarh, so I don't have HS quota. Additionally I'm getting metallurgy and civil at PEC, Electronics at Thapar (but it's too costly) and ece at CCET, sector 26 Chandigarh. Which of these, and the clgs I can get via COMEDK, are the best options considering my main focus is chip designing for military missiles and air crafts and I want to prepare for GATE and go for Mtech so placements aren't a big deal for me. My main concern is that the teaching quality and labs should be good and help me in case I also want to get a PhD in future... I'd be really grateful if you could rank them please...

Ans: Try ECE at BMSIT, NMIT, or CMRIT, or aerospace at DSCE/SJCE. Among your current choices, PEC-Punjab Engineering College (Metallurgy/Civil) has the strongest long-term academic brand, but for your VLSI/chip-design + GATE/PhD goal, prefer Thapar if fees are manageable; otherwise, Chandigarh College of Engineering and Technology (ECE) is the most practical choice.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Ashwani - May 23, 2026Hindi

Career

Out of MSRIT Bangalore CSE and IGDTUW CSE , which would you recommend to a girl candidate for overall career prospects?

Ans: Prefer CSE @ IGDTUW if possible for overall development and from a career point of view.

Good luck.
Follow me if you receive this reply.
Radheshyam

Asked on - May 24, 2026 | Answered on May 24, 2026

Thanks for answering. Will you please elaborate the difference between the two and ground for preferring IGDTUW?

Ans: For a female candidate focused on overall career prospects, coding culture, placements, and brand value, Indira Gandhi Delhi Technical University for Women CSE is generally preferred over M. S. Ramaiah Institute of Technology CSE. But if you are inclined towards MSRIT, it is also an excellent choice. Practical advice: Choose the one that is nearer to your hometown to reduce upcoming expenses.

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Question by Ashwin - May 23, 2026

Career

Sir with 12749 is Bengaluru EAC possible open state?

Ans: Chances are nil at top colleges but possible at mid-tier colleges in later rounds/casual vacancies.

Good luck.
Follow me if you receive this reply.
Radheshyam

Radheshyam Zanwar |7654 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 24, 2026

Asked by Anonymous - May 23, 2026Hindi

Career

Sir with a 3049 rank in aeee and 93.29percentile in jee mains is it possible to get amrita coimbatore cce in slab 1 with state quota advantage

Ans: You have good chances at Amrita, especially with the home-state quota advantage.

Good luck.
Follow me if you receive this reply.
Radheshyam

See more questions »

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x