One of my uncle is a retired person and he has few queries on PPF -
1- Can he open one PPF account in post office and same time in SBI?
2- Can he use my son’s PPF account receipt for showing income for till 70 thousand in year?
One of my uncle is a retired person and he has few queries on PPF -
1- Can he open one PPF account in post office and same time in SBI?
2- Can he use my son’s PPF account receipt for showing income for till 70 thousand in year?
You can have only one PPF account in one persons name.Quote:
Originally Posted by Imran
He can only invest/claim (IT) in his son, daughter or wife's PPF account.Quote:
2- Can he use my son’s PPF account receipt for showing income for till 70 thousand in year?