When it comes to tax-saving investments, Equity Linked Savings Schemes (ELSS) often top the list. They’re popular because they not only help you save taxes under Section 80C of the Income Tax Act, but also give you the potential to grow your money faster than traditional options like PPF or fixed deposits. And here’s the…
As the tax-filing season for FY 2024-25 nears its deadline, savvy investors are eyeing Equity-Linked Savings Schemes (ELSS) to combine tax savings with wealth creation. ELSS funds, which invest at least 80% in equities, offer deductions of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act, potentially saving up to Rs….
Tax planning in India has gone beyond last-minute investments to a more strategic, year-round practice that offers both financial benefits and peace of mind. With the Income Tax Department using advanced tools like Form 26AS, AIS (Annual Information Statement), and TIS (Taxpayer Information Summary), smart tax planning is not only about saving money—it’s also about…
India’s tax system is changing, and many investors are wondering what happens to their tax-saving options—especially those under Section 80C. With the New Tax Regime 2025 now the default for FY 2025–26, most traditional 80C deductions are no longer available. But that doesn’t mean all 80C investments are useless. In fact, three key 80C options…