n NISM Certifications
XVII NISM Series XVII
Medium

According to income tax rules, what is the maximum percentage of earnings that can be contributed to Provident Fund or superannuation fund for tax benefits?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    14%

  2. B

    21%

  3. 27%

    Correct answer

  4. D

    31%

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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