If the withdrawal is from PPF and IF you have no other income above Rs. 2 lakhs which is taxable, then, you are not obliged to file a tax return, as per the I. T. Act, 1961. PLEASE NOTE if the taxable income does not exceed Rs. 2 lakhs in a financial year, THERE WILL BE NO PENALTY WHATSOEVER
11.42 PM Dec 10th
....all bluechip 52 week high like larsen, tisco are seell now as they are in overbought zone.....sbi is hold,,,,invest in hudco tax free bond with 9.01% return for 20 years....invest in fd of hdfc and shriram....ppf is to always best.....if having gold or silver then sell as short term trend for bullions is very
1.28 PM Dec 9th
About 20% of my investment is in very high risk shares and another 10% in risky shares. So called very safe shares do not have any place in my portfolio. I am here to try and get atleast 100% returns. For mere 9% to 12% returns, a person will be better off if he or she invests in PPF, Fixed
1.36 PM Dec 4th
Government should now revise interest rates on PPF. While PPF offers 80c benefits, there are many other investments which qualify for 80c. Also PPF should be looked upon as retirement funds and government should increase the rates to 9 % from current 8.7 %
1.26 PM Dec 4th
expensive.....buy hudco tax free bond with 9.01% interest rate and if u fall in 30% tax bracket.....invest in midcap mutual fund of sbi and in bluechip mutualfund of uti.....best pic is hdfc fd with 10% int rate....avoid trading in gold, silver....ppf rocks.....l&t fin rocks ....
10.28 AM Dec 3rd
Yeah, will have to lock it for 10-15 years for kid`s future, marriage and as part of our retirement planning. I am not trading and earning profits to plan for a vacation trip or weekend treat`s. Part of profits goes into investing money in low priced shares, PPF, Post office account, mutual funds
12.47 PM Nov 28th
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