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Want to make your money grow and save on taxes? Well, then you should know about Section 80C of the Income Tax Act.
Among other benefits, ELSS or Equity Linked Savings Scheme is popular due to the tax benefits it offers, as prescribed under Section 80 C of the Income Tax Act.
If you are looking to grow your wealth while enjoying tax deductions, you will be happy to know that the market offers just the product for it.
It is very crucial that you choose an investment product that suits your requirements and is right for you. Under the 1961’s Section 80C of Indian Income Tax Act.
Budget 2020 saw Finance Minister Nirmala Sitharaman introducing a new income tax regime.
Yes, ELSS is an investment that can help you create wealth as well as save tax. Some investors discover this early in their investment journey.