Hello,
I have understanding that as an individual I can put maximum 1 lakh in PPF for one single financial year.
It is ok for me if I am not getting tax benefit on amount which exceeds 1 lakh, but can I put more than 1 lakh (say 1.5 lakhs) in PPF in one single financial year ?
If it is possible to put more than 1 lakh in PPF account for single financial year, then please let me know is there any upper limit on this amount ?
Thanks ,
Yogesh