Section 80C | Enrichwise

March 3, 2022 Tax Planning Kapil Jain

Why you should Invest in ELSS for tax Savings? 12 Features of ELSS

12 Features of ELSS funds Equity Linked Savings Scheme is a type of equity mutual funds that offers tax saving and wealth creation. Here are a few unique characteristics of ELSS that make it an ideal investment option. 1. What is Equity Linked Savings Scheme Funds? Equity Linked Savings Scheme Funds (ELSS) also known as […]

December 27, 2013 Stocks, Mutual Funds, Etf's etc, Tax Planning admin

Top 10 ELSS Mutual Fund Investments for 2014!!!

Most of the investors have begun to ask about investing in ELSS Mutual funds as we are nearing March. As you are aware, ELSS investments can be claimed as deduction u/s 80C (up to a max of 1 lac) Here is the list of top performing ELSS Mutual funds.The list is based on past 5 […]

November 27, 2012 Tax Planning admin

Section 80C Tax saving investments

Income during an income year of an Individual is assessed for tax under Income Tax Act 1961. It is general tendency of assesses to commence savings during the end of the Income Year, mostly to seek exemption from Income Tax thus reducing Income Tax liability. They have to combine their savings with financial planning Section […]

July 16, 2010 Investment Planning, Stocks, Mutual Funds, Etf's etc, Tutorials admin

Why you should never invest in ELSS , Dividend Reinvestment Scheme !

. Equity Linked Savings Scheme (ELSS) is an instrument which many investors use to get advantage in Section 80C, Rs 1 Lac, deduction in Income. There is a 3 year lock in in these schemes. If you choose the Dividend reinvestment Scheme, then the reinvested portion gets locked again for 3 years from the date […]

February 21, 2010 Tax Planning admin

Tax Savings – Section 80C – Part II

In this part, I will cover the Life Insurance premiums, pension plans on mutual funds and from insurance companies, and various expenses which are also eligible for deductions under 80C. Life Insurance premiums covered under Section 80C Premium paid towards life insurance for yourself or your family (spouse and children) is eligible for section 80C […]

February 20, 2010 Tax Planning admin

Tax Savings – Section 80C – Part I

Tax season is around the corner. Tax Planning involves making investments with the objective of minimizing the tax liability and maximizing returns. You should try do tax planning to maximize your income by saving on taxes. Section 80C, of Income Tax Act, 1961, gives a number of options that can be used for the purpose of tax deduction. […]

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