I have read your above mentioned article on rediff.com homepage, in the most popular section. The point no. 5 second paragraph is mentioning "Let's say you open an account for your minor child. You can deposit Rs 70,000 in your account and Rs 70,000 in your child's account". But this is to bring to your information that it is against the rule of PPF. It is permissible that the amount deposited by you in your and yours minor childs account should not exceed the max. limit that is 70,000/-. Please correct the same.
I have a PPF account at a post office in my hometown. I have not visited my hometown since last one year and it is not likely that I will be going there before May of next year. The PPF book is also kept under lock and key at my home town residence. How can I deposit money in my PPF account in this circumstance? If it is not at all possible to deposit any money in the present financial year, will my PPF account still be alive? Anybody please advice.
i had changed my company and in consultancy.... ppf option was not available and it has been 2 years any input has gone in...how can i know the status of my ppf account... or how can i make it active??? or where can these question and similiar ones can be asnwered... do you have a site
I have a PPF account in my name & one more in my daughters name. Can i deposit a maximum of Rs 70000 in each account or the total deposits in my account & in my daughters account should not exceed Rs 70000.