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  2. Public Provident Fund (India) - Wikipedia

    en.wikipedia.org/wiki/Public_Provident_Fund_(India)

    The tax benefit is capped at ₹1.5 lacs per financial year. PPF falls under the EEE (Exempt, Exempt, Exempt) tax basket. Contribution to the PPF account is eligible for tax benefit under Section 80C of the Income Tax Act in the old Tax Regime. Interest earned is exempt from income tax, and maturity proceeds are also exempt from tax. [3]

  3. Taxable Income: What It Is and How To Calculate It - AOL

    www.aol.com/taxable-income-calculate-185222875.html

    If you file a federal tax return as an individual, you could pay income tax on up to 50% of your Social Security benefits (assuming a combined income of $25,000 to $34,000).

  4. What Types of Interest Income Are Taxable? - AOL

    www.aol.com/types-interest-income-taxable...

    Taxable interest income is any money you earn on your investments or savings accounts. When an account pays you interest for the money you have in that account, or you earn an annual percentage ...

  5. Taxable income - Wikipedia

    en.wikipedia.org/wiki/Taxable_income

    Taxable income may refer to the income of any taxpayer, including individuals and corporations, as well as entities that themselves do not pay tax, such as partnerships, in which case it may be called “net profit”. Most systems require that all income realized (or derived) be included in taxable income. Some systems provide tax exemption ...

  6. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    The act, which became effective on 1 April 1962, replaced the Indian Income Tax Act, 1922. Current income-tax law is governed by the 1961 act, which has 298 sections and four schedules. [9] The Direct Taxes Code Bill was sponsored in Parliament on 30 August 2010 by the finance minister to replace the Income Tax Act, 1961 and the Wealth Tax Act ...

  7. 8 Types of Taxable Income That Might Surprise You - AOL

    www.aol.com/news/2013-04-12-taxable-income-irs.html

    That's why many other sources of taxable income often get overlooked. Here are eight types of income that most Americans don't realize are taxable. %Gallery-185418%

  8. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    For federal income tax, interest income on state and local bonds is exempt, while few states exempt any interest income except from municipalities within that state. In addition, certain types of receipts, such as gifts and inheritances, and certain types of benefits, such as employer-provided health insurance, are excluded from income.

  9. 6 Types of Retirement Income That Aren’t Taxable - AOL

    www.aol.com/finance/6-types-retirement-income...

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