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.
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REGARDING PPF
Replies (2)
1. Yes...
2. Yes...
....
2. Yes...
....
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.
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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