How to make your Tax-Saving INVESTMENTS
Equity Linked Saving Schemes (ELSS) provide a
good avenue for capital appreciation and tax
benefit under section 80C of the Income-Tax Act,
1961.
Benefits of ELSS
Tax Benefits
- Deduction under section 80C
- No tax on Capital gains
- Dividends are tax free in the hands of
investor
Lock in period (3
years)
- Lowest among all tax saving instruments
under section 80C
- Long enough to minimize market volatility
Better Return
- Compared to all tax saving instruments
under sec 80C
