Originally published at: Mahila Samman Savings Certificate - Learn by Quicko
Encouraging saving and investment among women is crucial for their and the country’s economic empowerment and financial independence. In its ongoing dedication to advancing the financial empowerment of women, the Indian government has undertaken another initiative. One such scheme is the Mahila Samman Savings Certificate scheme. This offers a deposit facility of up to INR…
Please, add one more question in FAQ. I made below conclusion from that “TDS may be applicable”.
Do I have to add interest from MSSC in my taxable income?
Answer: Yes. It’s interest is taxable i.e. interest is not exempt.
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