PPF
This query is : Resolved
Dharam Singh
(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
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
Aditya Maheshwari
(Expert)
08 May 2010
Still 70,000 only.
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.
08 May 2010
THERE IS NO CHANGE IN LIMIT. LIMIT IS SAME rS. 70000/-
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