n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a 'Tax Saving Investment' under Section 80C of the Income Tax Act?

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Equity shares

  2. Public Provident Fund (PPF)

    Correct answer

  3. C

    Real estate property

  4. D

    Gold jewelry

Why this is the answer

PPF is a popular tax-saving instrument under Section 80C, offering tax benefits and long-term growth.

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