Equity linked savings schemes (ELSS) are equity funds with a 3 year lock in which also give you benefit under Section 80C of the Income Tax Act. There is an outer limit of Rs.1.50 lakhs on Section 80C of which ELSS funds are one of the items of investment. The beauty of the ELSS is
In the last one year, there have been some key changes in mutual fund regulation. These were on the anvil for a long time and the regulator has finally moved into auctioning these announcements. Here are four such measures that have been announced in the last 1 year to further ensure transparency and protect the
Save Tax by Planned Investments Every individual citizen who earns a salary or even is a non-salaried entrepreneur, he/she is liable to tax. There is never a season to plan on saving tax by investing right and tax planning right at the end of the financial year. It is always wise to know and prepare
