I Want To Invest In My Nri Daughter's Ppfam I Eligible For A Section 80c Tax Benefit

business i want to invest in my nri daughter s ppf am i eligible for a section 80c tax benefit

5hrs 59mins 👁 1

A non-resident can contribute to their existing PPF account but cannot open a new one. They should switch their savings account to NRO status. To keep the PPF account active, only a minimum of Rs. 500 per year is needed, as additional contributions won't yield extra tax benefits.

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