March 31 tax deadline: ELSS or tax-saving funds can help you save Rs 1.5 lakh under Section 80C. Should you go for it?

March 31 tax deadline: ELSS or tax-saving funds can help you save Rs 1.5 lakh under Section 80C. Should you go for it?

As the financial year draws to a close on March 31, taxpayers are focusing on maximising their savings through investments under Section 80C of the Income Tax Act. Among the various options available, Equity Linked Savings Schemes (ELSS) stand out as a favourable choice for both tax savings and potential long-term wealth creation. Under Section … Read more

Is ELSS really a good choice as a tax-saving investment?

Is ELSS really a good choice as a tax-saving investment?

There are a variety of options to choose from in mutual fund schemes, based on one’s risk appetite and financial goals. If one is looking for investment opportunities that can help them generate wealth, get regular returns, and/or save taxes, then ELSS becomes a great investment choice. In recent years, it can be seen that … Read more