ELSS

Test Understand How the Three-Year Lock-In Period of ELSS Works 

7 minutes

When talking about various tax benefits and tax incentives to the taxpayers under the Income Tax laws, deduction under Section 80C is one of the most commonly used tax benefit. It provides a deduction of up to Rs. 1.50 lakh to the taxpayers from their taxable income for making certain eligible payments and investment options. Such options include contributions to Public Provident Fund (PPF), Statutory Provident Fund (SPF), payment of Life Insurance Premium, housing loan repayment, 5-year tax-saver fixed deposits etc.

Report on Market Insights1

1 minute

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries Test

Guide on How Mutual Funds Work

6 minutes

Mutual funds have emerged as a preferred investment option among retail investors due to the benefits of professional fund management and ease of investing. As a new investor, many people have this question in mind - how do mutual funds work? What do Asset Management Companies (AMCs) do with the small investments that individuals provide?

Advantages of investing in an ELSS 

5 minutes

Income Tax laws in India provide several tax benefits and incentives to the taxpayers. Tax deduction under Section 80C of the Income Tax Act, 1961 is one of the most commonly used tax benefits. The section provides a deduction of up to Rs. 1.50 lakh to the taxpayers from their taxable income for making certain eligible payments and investment options.

Understand How the Three-Year Lock-In Period of ELSS Works 

7 minutes

When talking about various tax benefits and tax incentives to the taxpayers under the Income Tax laws, deduction under Section 80C is one of the most commonly used tax benefit. It provides a deduction of up to Rs. 1.50 lakh to the taxpayers from their taxable income for making certain eligible payments and investment options. Such options include contributions to Public Provident Fund (PPF), Statutory Provident Fund (SPF), payment of Life Insurance Premium, housing loan repayment, 5-year tax-saver fixed deposits etc.