ELSS funds are popular for tax savings under Section 80C, offering a blend of equity exposure and long-term growth potential. Their 3-year lock-in period promotes discipline in investing, making them ...

The Tribunal held that while interest on enhanced compensation was taxable as per settled law, the exemption claim for land compensation required verification. The matter was remanded for fresh ...

Overview: ELSS funds offer tax benefits under Section 80C and strong long-term wealth-creation potential.Top performers such as SBI ELSS and Motilal Oswal ELSS ...

Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...

Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year's budget, the Tax Benefit on ...

Did our AI summary help? Wondering whether switching an ELSS from dividend to growth after the three-year lock-in qualifies for a Section 80C tax benefit? Today’s Ask Wallet Wise explains how the ...