Investment in tax saving instruments.

krishnamurthy (Retired) (32 Points)

15 October 2018  

Pradhan Mantri VVY, Sr Citizen Saving and PPF all provide 80 C benefits up to 1,50,000 in a year. Can a person deposit 1,50,000 in each scheme every year? However, he will claim the Tax deduction only for Rs,1,50,000, which is the maximum allowed. Is it allowed?