OPERATING MY PPF, MY MINOR DAUGHTER'S PPF & SUKANYA A/C TOGETHER

347 views 1 replies

I have my own PPF account.  I have opened a PPF A/c and Sukanya Samriddhi A/c for my minor daughter. I have 2 queries regarding this, as below.

1. I am subscribing to full in my PPF A/c for the year.
2. Can I also subscribe full amount of Rs.1.5.lakhs for my minor daughter in PPF & also full amount of Rs. 1.5 lakhs  in sukanya samriddhi a/c. 

I understand that I will only get 1 exemption. Is it ok to subscribe to my personal PPF A/c, my minor daughter's PPF A/c and her sukanya samriddhi a/c in full contributions for the year.

Please advice. Thank you. Regards

 

 

Replies (1)
Yes the limits are on individual accounts and not combined so you can subscribe individually according to the limits of each account and can get exemption of total 150000

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details