Among the various tax-saving options under Section 80C of the Income Tax Act, 1961, Equity Linked Savings Scheme (ELSS) funds stand out as a lucrative investment avenue. These funds not only help ...
ELSS investments require a long-term commitment of at least seven years. Illustration: Dominic Xavier/Rediff.com About three-fourth of taxpayers filed their income-tax returns for 2023-2024 under ...
There are many tax-saving instruments available under section 80C of the Income Tax Act. In this post, we compare two popular tax-saving instruments- ELSS and PPF. While both options help you save ...
Under Section 80C of the Income Tax Act, investors can claim a deduction of up to ₹1.5 lakh from their taxable income by investing in ELSS funds. This deduction is one of several deductions ...