Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Vivek Lala |317 Answers |Ask -Follow

Tax, MF Expert - Answered on Mar 16, 2023

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more

Question by mahendra on Feb 27, 2023Hindi

Listen

Money

my PPF account matured in 2018 having 29 lacs at present, i am getting yearly interest on same. I want some amount say 5 lacs to withdraw, can i?

Ans: Yes

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

Vivek Lala |317 Answers |Ask -Follow

Tax, MF Expert - Answered on Mar 16, 2023

Question by mahendra - Mar 06, 2023Hindi

Listen

Money

after maturity of PPF account how much i can withdraw?

Ans: you can withdraw the entire amount but it will be taxable depends on the number of years you have been working for

Tejas Chokshi | Answer |Ask -Follow

Tax Expert - Answered on Apr 24, 2023

Question by mahendra - Mar 08, 2023Hindi

Listen

Money

can i with draw partial amount from my PPF account matured in 2017

Ans: According to the income tax rule, if a PF account holder goes for its EPF withdrawal before the completion of 5 years of account opening, then the whole withdrawal amount would remain taxable and PF contribution above Rs 2.5 lakh per annum would also remain taxable.
You may verify the dates of account opening and dates of withdrawal , so to save tax on withdrawal.

Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Jan 23, 2024

Question by Surander - Jan 09, 2024Hindi

Listen

Money

Sir I have opened PPF account in 1998 and thereafter continuous depositing the money . As on 01.04.2023( After25 Years) my corpus was 10 Lacs ( 8.5 earlier and 1.5 lacs current one) . Now i need money becz of emergency . Please guide the penelity of 1% reduction will be from 01.04.2023 (Date of extension ) or since the date of opening the account . Its premature closure but after 25 Years

Ans: You will be allowed to withdraw 60% of the balance at the beginning of extended period (block of five years).
It means, let us say the account matured on 1st April 2023 and the available balance is Rs.8.5 Lakhs. Then, you are allowed to withdraw 60% of this Rs.8.5Lakhs during the block period of 5 years. This can be withdrawn either in a single withdrawal or in instalment each year. However, only one withdrawal is allowed in a financial year.

Latest Questions

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Sir, my daughter is expecting 410 score in neet what will be her chances to get mbbs

Ans: HI,
Possibilities are there with less competitive GMC or private colleges.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Sir Igot 350 marks in neet 2025 Iam belongs to st category Can I get medical college Either private or government colleges

Ans: Hi,
Chances are there in private medical colleges.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

im getting 543 marks in NEET UG 2025, is it possible for me to get into a mumbai government college? in 2nd or 3rd round atleast...? im from general category (hospitals/colleges in mind are - kem, sion, jj, nair, cooper)

Ans: Hi
Chances are with less competitive gmc.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by MRNitheesh - Jun 06, 2025

Career

Sir what is the last neet rank that got seat in govn medical clg in tamilnadu under bc in state quote for 2024?

Ans: HI MRN,
It depends upon the college.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by ayushi - Jun 05, 2025

Career

I M scoring 390 mks in neet 2025 will I be able to get gmc in Punjab ( general)?

Ans: HI Ayushi,
A little challenging one.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by NS - Jun 04, 2025

Career

I got 492 in NEET 2025 after checking key released by the NTA. Is there any changes to get the seat GMC under OBC & CAP quotation in telangana

Ans: HI,
Little Challenging one.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Sir,I am an OBC-NCL candidate expecting NEET 2025 score of 503.Is the any chance for govt MBBS seat in Kerala or All India?

Ans: HI,
Not guaranteed. Possibilities are depends on the rank or cutoff

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Hello sir, I've secured 475 according to the key in 2025 neet exam and I belong to OBC category. Do I have a chance of getting into govt seats or a decent self financing seat

Ans: HI
Chances are unlikely. but may be possible in private colleges.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Hey im scoring 350 in neet can i fet government bds collage in punjab

Ans: HI,
Possibilities are there for SC, ST and OBC categories.

Dr Nagarajan J S K |732 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by rekha - Jun 06, 2025

Career

My daughter 353 marks - sc get govt medical college sheet sir

Ans: HI rekha,
Unlikely to get into GMC.

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