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Q.

I am salaried employee and i am putting Rs 1 Lac in my PPF every year. My wife is house wife and a want to put Rs1 Lac in her PPF every year to save tax on intrest. Making total deposit of Rs 2L in 2 PPF acounts. Can i do this and is it legal? Please suggest the best.

Tags: year, money, ppf
Asked by Raghupat, 22 Apr '13 10:52 am
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Answers (5)

1.

Yes
perfectly legal
both need to file returns separately
Answered by anil garg, 22 Apr '13 10:57 pm

 
  
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2.

Consult financial expert
Answered by Quest, 22 Apr '13 07:57 pm

 
  
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3.

Agar itna money hai to mujhe dedo na
Answered by rainbow, 22 Apr '13 10:58 am

 
  
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4.

Agar aap ki biwi house wife hai to wo yearly 1 lac rupees kahan se laate hai ?
aap ka jeb kaat ke ?
Answered by COPA, 22 Apr '13 10:57 am

 
  
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5.

No you cannot get the benefit of more than one lakh it is legal you can do it, but you cant save tax on that amount
Answered by rajan, 22 Apr '13 10:53 am

 
  
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