Monday, July 31, 2023

Kisan Vikas Patra: Is interest on KVP eligible for deduction under section 80TTB?

Kisan Vikas Patra (KVP) essentially doubles up one's investment after a certain period of time. Currently it offers 7.5% interest per annum and the tenure is 9 years and 7 months i.e. 115 months.

from Tax-Wealth-Economic Times https://ift.tt/WxldaBA

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