Ppf (public provident fund)

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Manoj Prasad (Querist)
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11 January 2015 If some one is working in a pvt company, and company is deducting 'PF' from his salary every month,

I want to know can he open a separate 'PPF' account his own. to claim more deduction u/s 80C?

Thanks & Regards

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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11 January 2015 Yes he can open a PPF Account. No issues with that. PF & PPF are both separate.

To know more about PPF investment see below link--

http://www.charteredclub.com/what-is-ppf-account-and-the-benefits-of-investing-in-ppf/

Manoj Prasad

Manoj Prasad (Querist)
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12 January 2015 Sanjay Gupta Ji..Thanks for your valuable reply...

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