How to show interest on NSC in Income Tax Return?

showing interest on NSC in Income Tax Return

How to show interest on NSC in Income Tax Return? One of the best ways to save income tax u/s 80C is investing in National Saving Certificates. NSC can be purchased from the post office, which has 5 years tenure. While you can claim this amount from 80C exemption, interest from NSC is taxable. It needs to be shown as taxable income while filing income tax return. However, there is a lot of confusion about how to show NSC interest […]

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National Saving Certificates (NSC) – A Complete guide

National Saving Certificates – A Complete guide

National Saving Certificates – A Complete guide National Saving certificate is issued by Post Offices in India and is a very good small saving scheme. Do you know that investment in NSC can be created in such a way that it provides regular fixed income and can be used as one of the retirement planning options? In this article we would discuss complete details about National Saving Certificate, how this is used for reducing tax, how the interest income is taxed […]

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