Is ELSS really a good choice as a tax-saving investment?In recent years, it can be seen that many taxpayers have turned to ELSS schemes to avail of tax benefits. In this article, we will discuss ...
13 Mar, 2021, 11.02 AM IST
Expecting a mega annual bonus? Here’s how to make best use of itOne must carefully plan for the hard-earned money instead of splurging it on one-off expenses.
08 May, 2019, 08.48 PM IST
Retire a crorepati! Simple ways to ensure financial independence post working ageIt is important to start investing at an early stage, even if a small amount.
04 Mar, 2019, 06.28 PM IST
Mutual funds' asset base rises 8% to Rs 24 lakh crore till Nov-endMutual funds' asset base rose to a little over Rs 24 lakh crore by November-end, an increase of 8 per cent from the preceding month, on str...
07 Dec, 2018, 03.22 PM IST
Gold ETFs see Rs 290 crore outflows in Apr-OctIn comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18.
27 Nov, 2018, 07.00 PM IST
Do not pick tax-planning options blindly, focus on goal, objectiveTaxpayers are getting attracted toward equity-linked tax-saving schemes.
10 Mar, 2018, 11.32 AM IST
How to save tax under Section 80C using mutual fundsYou can save tax by investing up to Rs 1.50 lakh in equity-linked savings scheme (ELSS).
30 Nov, 2017, 10.20 AM IST
How you can save tax using ELSS fund under section 80COnce an investor is KYCcompliant, he can invest in an ELSS scheme just like any other mutual fund scheme.
09 Mar, 2017, 10.46 AM IST
All you need to know about saving taxes using ELSSYou can save tax by investing upto Rs 1.5 lakh in equity-linked savings scheme (ELSS) under section 80C of the Income Tax Act.
09 Mar, 2017, 09.52 AM IST
Equity-linked saving schemes remain the best tax-saving optionInvesting in ELSS funds has now become very easy with the launch of the e-KYC facility. The whole process does not take more than 30-35 min...
09 Jan, 2017, 10.01 AM IST
Investors flock to equity-linked savings schemes in search of better returnsThese schemes delivered 17% and 16% over a 5and 10-year period respectively , which is higher than fixed income investments in the tax savi...
22 Dec, 2016, 11.52 AM IST
Should you redeem your ELSS investment after the three-year lock-in period?ELSS funds are managed in a manner similar to other diversified equity mutual funds with a long-term investment outlook.
28 Sep, 2015, 09.07 AM IST
Equity-linked savings schemes sales soar 252% on higher 80C limitThe FM had announced an increase in the deduction limit to Rs 1.5 lakh from Rs 1 lakh in the Union Budget, giving a boost to tax-saver MFs.
14 Aug, 2014, 11.48 AM IST
- Check out the last-minute options to save tax
Some of the popular options are equity-linked savings schemes (ELSS), pension funds, insurance policies and public provident fund (PPF).
27 Mar, 2012, 06.39 AM IST
Budget 2012: Tax rebate on 3-year bank FDs likelyIf this proposal finds it way into next month's budget, it will make bank fixed deposits, which currently fetch an annual return more than ...
27 Feb, 2012, 04.35 PM IST
- ELSS funds: Should you buy tax-saving funds?
Equity-linked saving schemes have the potential to give the highest returns among all the tax-saving options available under Section 80C. B...
27 Dec, 2010, 02.15 AM IST
- Equity-linked schemes fail to click despite free covers
In the wake of a slack response to equity-linked tax-saving schemes this fiscal end, a few mutual funds have attempted to sweeten the deal ...
17 Mar, 2009, 12.37 AM IST