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PPF

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(Querist)
08 May 2010 Dear All

Kindly let me what is the maximum limit of PPF in U/s 80 C........ Currently 70000/- and if it is increase or not please celarify me....


Thanks & Regards

Karan
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
08 May 2010 Still 70,000 only.
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
08 May 2010 in 80C the limit is 100000/-(one lac) but under the PPF Scheme the max contribution is Rs. 70000/-(seventy thousand). So you should deposit only 70000/- because you will not get any interest beyond that limit.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
08 May 2010 THERE IS NO CHANGE IN LIMIT. LIMIT IS SAME rS. 70000/-
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