ELSS Funds for tax saving under Section 80C; know all the benefits

Friday, 1 March 2024
Equity Linked Savings Schemes (ELSS) are popular tax-saving options with a 3-year lock-in period. They offer higher returns compared to fixed-income products and flexibility in investments. Capital gains from ELSS are taxed at 10% on gains exceeding Rs 1 lakh. ELSS schemes have delivered an average return of 16.26%.

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Investors consider ELSS for tax benefits, long-term wealth creation; here’s what you need to know

As tax planning season approaches, investors are looking at Equity Linked Savings Scheme (ELSS) for its dual benefits of capital appreciation and tax exemption....
IndiaTimes on March 1, 2024

ELSS Funds for tax saving under Section 80C; know all the benefits

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Investors consider ELSS for tax benefits, long-term wealth creation; here’s what you need to know