Benefits of ELSS

Why to Choose ELSS

Why to Choose ELSS?

When it comes to tax benefits and possible profits, mutual funds such as the Equity Linked Savings Scheme (ELSS) are a better option than traditional tax-saving options like National Savings Certificates (NSC) or Public Provident Funds (PPF). The following justifies your consideration of ELSS for your finances: Tax Benefits: Under Section 80C of the Income …

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ELSS Tax Saving Mutual Funds

Tax Saving Mutual Funds or ELSS to Invest in 2022

Tax saving mutual funds or Equity Linked Savings Schemes (ELSS) facilitate every investor to save a lot of taxation under Section 80C of the IT Act. One can invest a maximum of Rs 1.5  lakh in ELSS and claim tax deductions on their investments every year. The government of India allows tax planning under Sections …

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