Deduction under Section 80C(PPF)

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Public Provident Fund (PPF):
INSTALMENT PAID IS DEDUCTED UNDER SECTION 80C

INTEREST INCOME IS UNDER EXEMPT INCOME UNDER HEAD OTHER SOURCE

Investors can avail loan facility against PPF deposits from the 3rd financial year up to the 6th financial year. The investor can also make one withdrawal every year, beginning from the 7th financial year, of an amount that does not exceed 50% of the PPF account balance:

a. At the end of the fourth year immediately preceding the year of withdrawal, or

b. At the end of the preceding year, whichever is lower

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