Tax Saving Schemes

Tax Rules & Planning
Tax Rules
Income Tax Rules
Wealth Tax Rules
Tax Saving Schemes
Tax Planning
Tax Slabs
Tax Calculator
Related Links
NRI Taxation
File your Returns Online
How to make your Tax-Saving Investments

Equity Linked Saving Schemes (ELSS) provide a good avenue for capital appreciation and tax benefit under section 80C of the Income-Tax Act, 1961.

Benefits of ELSS

Tax Benefits
  • Deduction under section 80C

  • No tax on Capital gains

  • Dividends are tax free in the hands of investor

Lock in period (3 years)
  • Lowest among all tax saving instruments under section 80C

  • Long enough to minimize market volatility

Better Return
  • Compared to all tax saving instruments under sec 80C