18 August 2009
sir, 1.I am planning to set aside initial 2.5 lacs as fund for daughter's eductaion & Marraige. Can you guide me the process so that the earning to fund set aside belong to child and not to the parent eg trust etc. 2. I have PPF account & wife has PPF a/cs both contribute 70000 each. Can we open PPF account in child name to claim another 70000 not to be clubbed with my & wife ceiling
CAclubindia
