ELSS is definitely the solution to your tax woes. Know how.
It is common among the salaried community to go through a rush for tax-saving around Jan-Feb each year. Company HR sets deadlines for submitting investment proofs. Some make a rushed investment in anything that carries a ‘tax-saving’ tag, others miss the bus altogether and regret later.
Here’s a way to hit not two, but three birds with one stone – avail tax benefits on the investment, earn great returns on your money, and even have the returns entirely tax-free.
Of all the tax saving options out there, the equity linked savings scheme (ELSS) is far and away the best:
Best of all, the ELSS is available as a monthly investment (SIP), to avoid the last minute rush that happens in Jan-Feb. From the comfort of your phone or laptop, you can now setup a monthly investment in the ELSS that takes care of your returns and tax-saving in one go.
You can invest upto Rs 12.5K every month from April through March to avail the full tax benefit.
Click Here to know what’s exactly the best way to go about with ELSS and Tax-Saving.
Thank you for showing interest in taking a BTST position using our Delivery Plus product.…
Thank you for showing interest in the consultation on trading strategies!Our expert will reach out…
Even if you are a new participant in the stock market, the process of buying…
A company’s debt position can be gauged using the interest coverage ratio or ICR. This…
Muhurat Trading, a cherished tradition in the Indian stock market, takes place on Diwali, the…
All that glitters is not gold, this is a saying that we have heard for…