Tax on Post Office MIS & Senior Citizen Scheme?

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  1. krovi

    krovi New Member

    I am a retired officer of government and I had invested money into above schemes as per the advise of postal agent. Is interest earned from these investments and the amount invested rank for tax exemptions
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Yes, Tax would be levied on both the Post Office MIS Scheme as well as Senior Citizen Savings Scheme
     
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