REGARDING PPF

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591 Points Joined December 2014

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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On 21 September 2019 at 11:19 Report
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
1. Yes...
2. Yes...

....
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On 21 September 2019 at 11:33
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17264 Points Joined December 2018
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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On 21 September 2019 at 12:28


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