https://www.desidime.com/discussions/ppf-transfer-using-paytm-rent?page=1#post_8312253
You are a very good question.
You are a very good question.
I think it would work on any account. Whether it comes on the side of illegal or outright crime in the scale is another question.
Why don’t you pay rent to another account and later pay ppf from that money
why it is illegal?
rajatindia wrote:why it is illegal?
Because investments like PPF etc cannot be and should not be made with credit or loan amounts.
Rotated money is basically a credit, which is not an acceptable instrument for ppf investment.
If done, it’s done on risk.
Imo, this is not a wise or calculated risk to be taken.