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      Question

      What is the maximum amount that can be invested in a

      Public Provident Fund (PPF) account in a single financial year to claim tax benefits? 
      A ₹1,000,000 Correct Answer Incorrect Answer
      B ₹1,50,000 Correct Answer Incorrect Answer
      C ₹2,00,000 Correct Answer Incorrect Answer
      D ₹2,50,000 Correct Answer Incorrect Answer
      E ₹5,00,000 Correct Answer Incorrect Answer

      Solution

      The maximum investment limit for PPF, which also qualifies for Section 80C tax deductions, is ₹1.5 lakh per financial year.

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