Direct Tax Code

Dear Mr Batra

Could you please tell me whether the Rs 70000 PPF Limit will fall in the Rs 100000 Bracket or the 50000 Bracket in the new Direct Tax Code.

Awaiting your reply soon

With regards

Rajan

asked Nov 07 '11 at 16:08 by rajan 1222


Under new proposed Direct tax code, PPF would come in 1 lakh tax saving limits. Most probably limit of 70,000 would also be increased to 1 lakh.

answered Nov 08 '11 at 11:23 by pankaj 5.2k320

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Asked: Nov 07 '11 at 16:08

Seen: 1,758 times

Last updated: Nov 08 '11 at 11:23