For tax year 2026-27, what is the aggregate ceiling on the deduction under section 123 of the Income-tax Act, 2025 for an individual who has opted out of the default regime under section 202?

Section 123 allows an individual or Hindu undivided family to deduct the aggregate of the payments listed in Schedule XV, such as life-insurance premiums and provident fund deposits, up to ₹1,50,000 for the tax year. The other figures are not the section 123 ceiling.