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Vivek

Vivek Lala |57 Answers |Ask -Follow

Tax Expert - Answered on Mar 16, 2023

Question by mahendra on Mar 06, 2023

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

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Vivek

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Tax Expert - Answered on Mar 16, 2023

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Question by mahendra - Feb 27, 2023

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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?

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Question by Suresh - Mar 17, 2023

Money

I have PPF account with SBI with balance of around 10.00 lakhs. The account got matured in 2012. Thereafter I got it extended by 5 years in 2012, 2017 and again in 2022. My question is : 1. Can I make a partial withdrawal of RS. 5.00 lakhs, 2. Will this withdrawal be taxable, 3. What will be the tax liability. Thanks & regards.

Ans: PPF withdrawal is not taxable. For query of partial withdrawal, please check with Bank.

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