₹1.5 lakh for FY 2019-20. Depositors have to give an undertaking that while making deposits into their respective accounts during the extended period, they will not breach the annual ceiling kept for the schemes.And for this deposit made till June 30, March 31, 2020 will be considered for the purpose of payment of interest.The government has also extended the date for making various investment and payments for claiming income tax deduction for 2019-20 to June 30.
This includes Section 80C (which also includes investment in PPF), 80D (health insurance) and 80G (donations).Also, non-deposit of mandated minimum deposit in PPF account for the year 2019-20 will not attract any penalty.