Jaishankar holds urgent talks with Iran over shipping safety: MEA spokesperson

CPI Data: India’s retail inflation rises to 3.21% in February; food inflation at 3.47%

Attention, HDFC Bank users! UPI, net banking, online payments to be halted — Check date and time

Middle East Crisis: Inter-ministerial press conference due shortly

West Asia Tensions: S Jaishankar speaks with Iranian counterpart amid Strait of Hormuz crisis

Closing Bell: Sensex falls 829 points, Nifty slips below 23,650 as Iran-Israel tensions, FII selling weigh on markets

Price Hike: Audi India to raise prices by up to 2%, effective from this date

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UP Smart Meter Campaign from March 13: Power must be restored within 2 hours after recharge

FSSAI Advisory: Milk sellers must obtain an food safety license before business operations

How ELSS fares as tax saving instruments

Among a slew of tax-saving instruments under section 80-C, ELSS&nbsp;returned the most in the last five years

Why ELSS is best tax-saving instrument under section 80C

When a fixed sum of money is required back within a short span of time, investment in debt is preferable

Interview: 'Investor should have portions of investment in all possible options' 

Since this year's Budget is the last full one for the government ahead of the general elections in 2019, experts believe a favourable revisioning in income tax slabs, relaxation in Section 80C limit and a push in medical insurance for senior citizens and others is required.

What taxpayers expect from Budget 2018 on personal taxation

Here's what you need to know about ELSS investments. 
&nbsp;

What you need to know before investing in ELSS

2018 financial resolution: 10 mutual fund portfolios for first-time investors

Building the right investment portfolio can be considered both an art and a science.

How to build a smart investment portfolio

ELSS have the shortest lock-in period of three years, compared to other instruments with minimum five years for bank FDs, 15 years for PPFs and for the life of the policy for insurance products.

ELSS can give you better returns than other tax saving options: Fund managers

As the financial year draws to a close in a few short months the acronym 'ELSS' will become a much talked about investment plan. Here's what you need to know about them.

Here are few important things to note before investing in an ELSS

Saving up for a rainy day just like animals stock up on food for the winter? Here's what you need to know about investing in ELSS.

How much to invest  to make ELSS earn you Rs 1 crore in 11 years?

Here are some tax saving options brought to you by tax consultancy ClearTax.

Looking for tax saving? Save up to Rs 45,000 every year and earn interest

On the other hand, equity and equity-linked saving scheme (ELSS) saw an infusion of more than Rs 41,000 crore during the first four months (April-July) of the current financial year.&nbsp;Stock markets have been on an upswing, touching new highs this year.

Gold ETFs see Rs 250 crore outflow in Apr-Jul FY18

Equity Linked Saving Scheme (ELSS) primarily revolve around equities and related equity products with a lock-in period of three years.&nbsp;

With markets being bullish, investing in ELSS should be your next option

While, the government is working on it closely, if the fiscal year changes, it will bring major transition in your tax planning.&nbsp;

Change in fiscal year to Jan-Dec may impact your financial planning

HDFC Mutual Fund plans to launch a close-ended thematic equity scheme HDFC Housing Opportunities Fund.

Invest in housing mutual funds if you have high-risk appetite, say experts

The contribution of the country's smaller towns-- beyond-15 cities (B15) in industry parlance -- to mutual funds' (MFs) asset base surged 41% to Rs 3.09 lakh crore by March-end.

Planning to invest? Here's a look at top mutual fund performers between May 15-May 19

Top 3 tax planning mutual funds this week

Starting January, you will be running around to make investments in tax-saving instruments or collect proofs for such investments already made. Most of us are aware of the tax deductions available for premium paid for life insurance and pension plans, investments made in ELSS, PPF and EPF and principal repaid on a housing loan. However, there are many lesser known tax benefits you can use to reduce your tax liability. In this post, I shall focus on a few such lesser known income tax deductions or exemptions.

15 lesser known Income Tax Deductions

SIPs are beneficial for their own reasons, but also because investing in lump sum has many pitfalls. When you invest&nbsp;lump sum in an equity mutual fund, you run the risk of catching a market peak.

What are ELSS funds and why you should invest in them

Save on tax next year by investing in these schemes today

elss

SIP vs FD vs PPF vs ELSS: Choosing the right long-term investment depends on balancing safety, tax efficiency and growth. While FDs and PPF offer stability, SIPs and ELSS provide stronger wealth creation potential over longer horizons despite market-linked risks.

SIP vs FD vs PPF vs ELSS: Which is better for long-term investment?

NPS: For a Tier-I account, you must contribute a minimum of Rs 500 to open it and a minimum of Rs 1,000 per financial year to maintain it. For a Tier-II account, the minimum contribution to open is Rs 250, and there is no minimum annual contribution, with contributions able to be made at any time.

SSY, NSC, EPF, PPF, ELSS: A look at 5 savings schemes for salaried individuals; check out each scheme's features and benefits

Section 80C: Up to Rs 1.5 lakh can be claimed as a deduction from the total income under Section 80C of the Income Tax Act. You can show EPF (employee provident fund), PPF (public provident fund), ELSS (equity-linked savings scheme), NSC (national savings certificate), SSY (sukanya samriddhi scheme), SCSS (senior citizens savings scheme), among others. 

How to pay 0 tax on Rs 18,20,000 annual salary under old tax regime? Check expert calculations inside

Most ELSS funds invest in a diversified manner, ranging from small cap to large cap and across various sectors. There is no maximum tenure for investment, but there is a lock-in period of 3 years. 

Top 5 Tax Saving ELSS MFs with Highest SIP Returns in 5 Years: Rs 20,000 monthly investment has grown to Rs 21.83 lakh

ELSS funds have a mandatory lock-in period of 3 years. ELSS investments are eligible for tax deductions under Section 80C of the Income Tax Act, with a maximum investment limit of Rs 1.5 lakh annually.

Top 5 Tax-saving ELSS MFs in 5 Years: See how Rs 80,000 investment has grown up to Rs 3.54 lakh

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ELSS

How ELSS fares as tax saving instruments

Why ELSS is best tax-saving instrument under section 80C

Interview: 'Investor should have portions of investment in all possible options'

What taxpayers expect from Budget 2018 on personal taxation

What you need to know before investing in ELSS

2018 financial resolution: 10 mutual fund portfolios for first-time investors

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Top News

Jaishankar holds urgent talks with Iran over shipping safety: MEA spokesperson

CPI Data: India’s retail inflation rises to 3.21% in February; food inflation at 3.47%

Attention, HDFC Bank users! UPI, net banking, online payments to be halted — Check date and time

Middle East Crisis: Inter-ministerial press conference due shortly

West Asia Tensions: S Jaishankar speaks with Iranian counterpart amid Strait of Hormuz crisis

Closing Bell: Sensex falls 829 points, Nifty slips below 23,650 as Iran-Israel tensions, FII selling weigh on markets