Top mutual funds Archives - Yono Informer |

August 29, 2022

What is ELSS Fund and Disadvantages of ELSS ?

Taxpayers can claim deduction under section 80C of the IT Act when they file their income tax return for a particular year. All supporting documents and relevant forms must be filled and all information provided must be accurate and up-to-date.

August 29, 2022

Double Benefits of Investing in ELSS Funds & Get Great Returns as well as Saving Tax

If you want to invest to reduce the tax burden in the financial year 2022-23, then investing in Tax Saving Mutual Fund ELSS (Equity Linked Savings Schemes) can prove to be a great option for you. One, under Section 80C of Income Tax, tax exemption is available on investment up to Rs 1.50 lakh. On the other hand, it also gives the highest return among all other tax saving schemes.