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what is better option between NSC / PPF? please let me know its pros & cons

1.21 PM Jun 25th 2009 | Track

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Guest

what is better option between NSC / PPF? please let me know its pros & cons

1.21 PM Jun 25th 2009

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sujatailu

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PPF is a better option. [1] less papers to be handled [2] if Pass Book is lost duplicate can be easily obtained [3] returns on both are same, but income on PPF is taxable. [3] part withdrawals can be easily made in PPF

1.00 PM Jul 17th 2009

ashalanshu

Platinum Member

189 Followers

Dear sujatailu, Just a small correction in ur info.

NSC interest is taxable but PPF interest is tax free.

But at the same time, NSC interest is available for 80C benefit for all the years except last year.

thanks

Ashal

1.15 AM Jul 19th 2009