Check how much you can get with NSC deposits ... for annual accrual of interest from the account office. However, the payment is made only after 5 years. Also, interest accrued at the end of ...

1.50 lakh in a year along with other eligible items like life insurance premium, provident fund and PPF contribution, ELSS, NSC, repayment of principal of home loan etc. The interest accrued year ...

Sanjoli Maheshwari, Executive Director, Nangia Andersen India explains why this is the case: “The interest accrued on the NSC for the first four years is deemed to be reinvested in the scheme ...

80,000 in 2019-2020. I never claimed deduction for the interest accrued on NSC under Section 80C as I did not include the accrued interest in my income in the past. Can I claim the interest on NSC ...

Deposits up to Rs 1,50,000 in NSC qualify for deduction under Section 80C of the Income Tax Act. The accrued interest on NSC also qualifies for a deduction under the section. NSC interest is taxable.

Earned interest is the rate of interest that an investment earns on the principal amount. Accrued interest is interest that an investment is currently earning, but that you have not collected yet.

Interest rates on small savings schemes like PPF and NSC have remained unchanged for the January-March quarter, said the government in a notification on Tuesday. The government left the interest ...