Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the maximum limit of investment in MIS?

Investment limit maximum MIS
0
Posted

What is the maximum limit of investment in MIS?

0

Ans.- In Single account Rs.4.5 lath and i: t joint account Rs.9 lakh. Share of individual in joint account will be xh or 1/3 if the account is opened with jointly with one or two adults respectively.’While calculating limit of Rs.4.5 lakh for an individual, his/her share in all single as well as joint accounts will be added.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.