Tax Saving Mutual Funds: Things to Know Before Investing

Mutual funds

Equity Linked Savings Schemes, also known as tax-saving funds, are mutual fund investment plans that enable income tax reduction. According to section 80c of the Income Tax Act, taxpayers may invest up to INR 1.5 lakh in particular securities and deduct that amount from their taxable income. Here are some other things that you should … Read more