Mr. Anand engaged in business wants to deposit in the pension fund of the Life Insurance Corporation of India. The maximum amount of contribution eligible for deduction from total income is:

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Question:Mr. Anand engaged in business wants to deposit in the pension fund of the Life Insurance Corporation of India. The maximum amount of contribution eligible for deduction from total income is:

1.₹ 10,000

2.₹ 50,000

3. ₹ 1,00,000

4.₹ 1,50,000

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  1. Mr. Anand engaged in business wants to deposit in the pension fund of the Life Insurance Corporation of India. The maximum amount of contribution eligible for deduction from total income is:
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