Ppf

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24 August 2014 How much can I invest in my 7 month daughter, and wife's PPF account.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
24 August 2014 From FY 2014-15 limit is enhanced from Rs 1 Lac to Rs 1.5 lacs. So you can invest Rs 1.50 lacs in PPF Account of each one of you. But you will get maximum deduction of Rs 1.50 lacs only in your return.
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