Monday, December 10, 2012

Regarding all Indian Investment In Public Provident Fund Scheme ( PPF) , can I open two accounts..?

I have one PPF account in my own name …can I open second PPF account with my minor daughters name..what shall be pros and cons of the second account & whether I can deposit rs 70000 each in both accounts …whether interest accrued from second account shall be taxable

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