1 lakh PPF and EPF limit is combined or seperate

POSTED BY new investor ON March 7, 2013 4:49 pm ONE COMMENT

The 1 lakh limit of EPF and PPF is combined or seperate, i.e. if i put 1 lakh in PPF and 1 lakh in EPF anually; will I get interest on the whole 2 lakh.

One reply on this article “1 lakh PPF and EPF limit is combined or seperate”

  1. Ashal Jauhari says:
    March 7, 2013 at 4:58 pm

    Dear New Investor, yes you ‘ll get interest on both. But your basic tax benefit of 1L Rs. under section 80C, ‘ll be limited to just 1L Rs.

    thanks

    Ashal

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.