About four-and-a-half months are left for the financial year to end. If you have not made tax-saving investments yet, it is time to think about them, instead of leaving matters for the last moment. One option you should definitely consider is equity-linked saving schemes (ELSS) or tax-saver funds.
Section 80C deduction is available on them up to Rs 1.5 lakh. Among tax-saving investments, they have the lowest lock-in period of three years only. And since they invest in equities, they have the potential to give even double-digit returns. As with all equity products, invest in ...
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- Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
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- This product is a monthly auto renewal product.
- Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
- To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
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