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Mahesh Padmanabhan  |120 Answers  |Ask -

Tax Expert - Answered on May 08, 2023

Mahesh Padmanabhan has specialised in payroll, personal and corporate taxation for more than two and a half decades, enabling him to provide practical, realistic and correct advice to his clients.
He is a member of The Institute of Chartered Accountants of India and has a degree in cost accounting from the Institute of Cost Accountants of India.
He is also a qualified information systems auditor. ... more
Siju Question by Siju on May 06, 2023Translate
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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
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.
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