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