I want to know that recently Govt has increased PPF limit from 70k to 100k as 80C investment. Is this applicable from current financial year, or this is just a notification ?


Admin’s Response:

The amendment for the same will take place in the winter session of the parliament. You may refer the following news item for details:

http://www.hindustantimes.com/News-Feed/BusinessBankingInsurance/Law-to-raise-PPF-investment-limit-set-for-winter-session/Article1-768705.aspx