Multiple choice general knowledge

What are the various tax saving options under section 80C

  1. ELSS,ULIP

  2. PPF,NSC

  3. Fixed depostis,Infra Bonds

  4. all the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 80C of the Indian Income Tax Act allows deductions for various investments including ELSS (Equity Linked Savings Scheme), ULIP (Unit Linked Insurance Plan), PPF (Public Provident Fund), NSC (National Savings Certificate), Fixed Deposits (5-year tax saving), and Infrastructure Bonds. Since all these are valid tax-saving options under Section 80C, option D is correct.

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