Deposite of money in bank
This query is : Resolved
10 November 2016
how much money can i deposite in to a saving bank account after this impact of 500rs and 1000rs. stopped and i have 2000000 in cash then how should i deposite this money in bank so that i should get relief from income tax plzzzz answer this query as soon as possible plzzz its urgent
ALKESH T MEHTA
(Expert)
17 November 2016
You can deposit Rs.250000/-in cash in saving account .If,you have P.P.F.A/C you can deposit Rs.150000/-,if,after 1st April,2016 till today nothing is deposited to your P.P.F.A/c.
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