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Transferring PPF maturity funds? Know the tax implications before you do | Mint
  • Personal Finance

Transferring PPF maturity funds? Know the tax implications before you do | Mint

TheSpuzz Desk3 months ago06 mins

Source: Live Mint My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our daughter. What will be the tax position implications for all of us? As from April, interest will be earned in my name. I should and will be…

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