Example -
Maximum amount deposited in single PPF account - Rs.70000/-, tax saving rebate under 80C is 70,000/-
Maximum amount deposited in single PPF account - Rs.1,00,000/-, tax saving rebate under 80C is 70,000/-
Maximum amount deposited in two PPF account - Rs.2,00,000/-(1,00,000 each), tax saving rebate under 80C is 70,000/- for one account.
Hope this clear your doubt.






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