Investments & Finance

What will be the Income-tax liability for the A.Y. 2010-11 for a Male who is not a senior citizen, in the following case:-
Other income (Interest and other source-fully taxable) – Rs. 60,000
Short-term Capital Gain (from Shares) — Rs.200,000
Investment in PPF-(a) if 10,000
(b) if 70,000

- Arjun

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my friend insured himself under above mentioned plan in 2009, also paid the first installment. I want to know the rate of interest that the company would pay him(if any) if he decide to discontinue with the insurance plan and get back the money of first premium.

thank you.

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