Q. Which of the following sections of the Income Tax Act in India provides a deduction for investments made in Public Provident Fund (PPF)?
Answer: Section 80C
Notes: Under Section 80C of the Income Tax Act, investments in Public Provident Fund (PPF) are eligible for a deduction of up to INR 1.5 lakh per financial year.
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📌 Question Number: 1 in Financial Planning – Tax, Retirement, Estate Planning in the above course in App.