• K

    October 23, 2019 at 4:36 am

    Hi –

    I have a question about 80C, not sure if this is the right place to do so, but asking nonetheless.

    Under 80C, if I max out the 1.5 Lac limit through EPF, ULIP etc., can I still invest in PPF? I understand that I will not get tax exemption at “entry” i.e. my contribution to PPF will not be tax deductible, but can I still put money in and get the tax exemption at “exit” [+ the security and general higher rate of return compared to FD].

    I already have a PPF, so in order to keep it active I have already contributed 1k for the fiscal year in April.

    Haven’t seen a post in a long time. Hope all is well and hope to see a post soon.

    Thanks in advance.


    • monikahalan

      October 25, 2019 at 6:10 am

      All good, thanks. Was out of the country. PPF won’t allow inflows more than the limit. Regards


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