Kamal Verma (Financial advisor)     21 September 2019

Kamal Verma
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Can an individual open PPF account after attaining age of 60 years, if yes, is investment made in PPF eligible for deduction u/s 80C.

RAJA P M ("Do the Right Thing...!!!")     21 September 2019

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1. Yes...
2. Yes...


1 Like

Kapadia Pravin   21 September 2019

Kapadia Pravin

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You can open PPF Account and take benefit of 80C deduction.

But note that it's for 15 years long duration scheme. Usually new PPF A/c is not the choice of senior citizens.

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