Indian small savings schemes provide safe, government-backed returns. However, their tax implications vary greatly.
The short answer: ELSS returns haven’t been hurt by the new tax regime — but the reason to invest in them may have changed.
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 ...
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds.
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 ...
Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the ...
The draft income-tax rules make it clear that several salary-linked exemptions and non-taxable perquisites continue to be ...
While the property gift is exempt under Section 56, Section 64’s clubbing provisions apply. Any rental income or future capital gains will be taxed ...
Last year, FM Sitharaman announced major changes in the new income tax regime, and while tax experts believe that there is little fiscal room in Budget 2026 for any big tax income tweaks, there is ...
Last year, the budget saw significant changes in the new income tax regime, and many tax experts believe there is limited ...
Section 80C is among the most widely used tax-saving provisions, covering contributions and payments such as PF deposits, life insurance premiums, ELSS, PPF, NSC children’s tuition fees and principal ...