Can two adults open joint PPF account?
No, two adults cannot open a joint PPF account. An account has to be opened singly with one or more nominations.
No, two adults cannot open a joint PPFaccount. An account has to be opened singly with one or more nominations.
It is advisable to open a separate account in your spouse's or minor children's name and keep contributing to it. You can claim tax benefits on the contributions made to their PPF accounts as well.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Axis Tax Saver Fund
3.IDFC Tax Advantage (ELSS) Fund
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.BNP Paribas Long Term Equity Fund
9.Reliance Tax Saver (ELSS) Fund
10.HDFC TaxSaver
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
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