n NISM Certifications
XVII NISM Series XVII
Medium

Under Sec 80 CCD (1), what is the maximum tax-exempt limit for contributions made by a subscriber in an individual pension account?

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

    10% of Basic Salary

  2. B

    Rs.1 lakh

  3. C

    Rs.2.5 lakhs

  4. Rs.1.5 lakhs

    Correct answer

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

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