Equity linked savings scheme (ELSS)

November 8th, 2009  |  by  |  published in Income Tax, Investment

Equity linked savings schemes (ELSS) floated by various fund houses, are equity-oriented mutual fund schemes with an added advantage of tax benefits under various sections of the Income Tax Act,1961. Schemes are floated as per the guidelines that qualify them as eligible schemes U/S 80 C of the Income Tax Act. Like any other equity […]


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