You can follow the tax-saving and planning approach to save tax and create wealth for yourself. | ||||||||||||||||||
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Equity Linked Saving Scheme (ELSS) funds are the most popular investment option under section 80C with the lowest lock-in period and average return better than other 80C options. | ||||||||||||||||||
If you haven't made any other tax saving investment then you can invest up to Rs. 150,000 in ELSS fund and claim tax savings under section 80C. | ||||||||||||||||||
Here is a quick comparison of how ELSS funds help you create wealth in comparison to other 80C investment options. | ||||||||||||||||||
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*Assumed rate of return | ||||||||||||||||||
This way, you can figure out how to exhaust your tax-saving limit. Make an informed decision and invest in the right ELSS fund which helps to create wealth while saving tax. |