Hi,
This is my first post.
I am a Retired Defence Pensioner / Senior Citizen.
My PPF 15 Yrs deposit matures next year. After that con I extend without subscription so that I can take any amtof balance once a year as otherwise Ican make only 60% withdrawal in remaining 5 years.
Also I hear that as per new Tax Code, from 2011 PPF withdrawn will alsobe taxable.
Can some one please clarify
This is my first post.
I am a Retired Defence Pensioner / Senior Citizen.
My PPF 15 Yrs deposit matures next year. After that con I extend without subscription so that I can take any amtof balance once a year as otherwise Ican make only 60% withdrawal in remaining 5 years.
Also I hear that as per new Tax Code, from 2011 PPF withdrawn will alsobe taxable.
Can some one please clarify