The ELSS is no doubt the one of the best option to avail tax benefit under Sec 80C of Income Tax Act 1961. If you are still in doubt this article will try to explain the benefits through some pictures. The Equity Linked Savings Schemes or ELSS are pure Equity Diversified Funds. So they bringRead More
ELSS
Conversation between PPF and ELSS – A Comparison
Products never speak for themselves otherwise, Maggie would have been first one to speak and claim innocence (or accept what humans did to her). But this is an attempt to learn, evaluate and find the Comparison between ELSS & PPF. So if PPF and ELSS were to speak for themselves and met on my website forRead More
Direct Tax Code (DTC) and ELSS
Pardon me but I forget the name of the reader who brought up this important question of whether he should invest in ELSS (Equity Linked Saving Schemes) given the Direct Tax Code that will possibly see the light of the day in April 2012. Direct Tax Code and ELSS have been discussed very heavily inRead More
Best Tax Saving Mutual Funds (ELSS) to invest in India
We present the best tax saving mutual funds (ELSS) to invest in India. Investing your hard earned money to save income tax is a critical part of your financial planning. While one could use any of the existing 80C deductions to save income tax, using tax saving mutual funds, also called Equity Linked Saving SchemesRead More