Taxability of Public Provident Fund (PPF)

This fund is for general public ,whether employee or self employed .

Hence if a person is doing business, still he can contribute to this fund to claim Deduction under 80 C

In case person is doing job, only he contributes, not the employer

Taxability

Employer contribution   – Not Applicable as Company does not contribute ,

Employee’s contribution   −  Deduction available under 80 c

Interest on PPF – it is fully exempt .

Amount received on withdrawal from PPF – fully exempt