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Last minute tax planning often leads to bad decisions. One that can lock up your money for years or make your money grow at snail's pace
Save Smartly through ELSS
Save Smartly through ELSS
Equity Linked Savings Scheme
SAVE TAX
ELSS reduces your taxable income by Rs.1,50,000 in a Financial Year
LOWEST LOCK IN
Withdraw after 3 Years
Returns are linked to stock market and are tax-free upto Rs.1 Lakh Capital Gain per Financial Year
Simple Understanding of ELSS Tax Savers
Equity Linked Savings Schemes (ELSS) is a mutual fund investment that reduces your taxable income by Rs. 1,50,000. With a minimum lock-in period of just 3 years, ELSS has the potential to earn higher returns than most other tax-saving options as most of the portfolio is invested in the stock market.
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