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Regarding p p f in case of minor children

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(Querist)
22 June 2015 my annual income from business is appx 6 lacs or more. my wife is a house wife having income from other sources of appx 4 lacs p.a can we both after investing 150000 each in our p p f account further invest 150000 each for our two children or only i can invest for my children or both of us can invest or we cannot invest
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
23 June 2015 Both of you can invest in children's PPF account but no further benefit of section 80C if limit of Rs. 1.5 lac is exhausted.
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