n NISM Certifications
XVII NISM Series XVII
Medium

Under Section 80 CCD(1), what is the maximum tax exemption limit for contributions made by an individual to their 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

    Rs 50,000

  2. B

    Rs 1 lakh

  3. C

    Rs 1.25 lakh

  4. Rs 1.50 lakh

    Correct answer

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

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