ELSS tax benefits are available for both Indian residents and NRIs

Last updated on October 23rd, 2018This article was first published on livemint. Are there any tax-saving advantages in NRI mutual funds? Equity-linked saving schemes (ELSS) allow tax saving under Section 80C of the Indian Income Tax Act. An investment of up to ₹1.50 lakh in ELSS can be claimed as a deduction from taxable income in …

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Why should you Start SIP in ELSS Tax Saving mutual funds now?

Last updated on June 11th, 2018Tax saving is synonymous with the end of financial year. Most tax saving investment are made between January and March. A lot of agents and salesmen of LIC, ULIP, etc. become active during this period and shrewdly use your sense of urgency to push poor tax saving products. Should you …

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Top 5 ELSS tax saving Mutual funds for 2018-2019 in India

Last updated on January 17th, 2019 Upwardly presents to you the Top 5 ELSS mutual funds for 2018 – 2019     Here are Upwardly recommended top 5 ELSS mutual funds you can invest in 2018. 1. Aditya Birla Sun Life Tax Relief 96 One of the oldest ELSS funds, this fund has generated outperformance over the last 5 years. …

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Battle of Tax-Savers: ELSS vs PPF

Last updated on April 3rd, 2018We continue from Part 1 of this “Battle of Tax-Savers” series where we compared ELSS funds with tax-saving FDs. Click here to read that article where we also introduce the basics of 80(C) tax savings. In this article, we will compare ELSS funds against arguably the most popular tax-saving scheme — Public Provident Fund …

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Battle of Tax-Savers: ELSS vs Tax-Saving FDs

Last updated on April 3rd, 2018The new year 2018 is here and so is the time to do tax saving and investments. Let us take a new year resolution to find the best suited tax-saving product before investing in one. In this Batter of Tax-Savers series, we help you do just that. Read on to find …

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Is it Wise to Invest in ELSS Mutual Funds to Save Tax ?

Last updated on April 3rd, 2018The most common mistake that people make is making their 80(c) investments (Tax saving ELSS Mutual funds ) at the end of the financial year. You can read a detailed article at — Your Biggest Mistake on Tax Savings! Avoid in 2017 — Upwardly The ideal way to invest in tax saving instruments is to …

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Your Biggest Mistake on Tax Savings! Avoid in 2018

Last updated on June 11th, 2018 A blog on tax saving (elss) and that too in April? Sounds misplaced, isn’t it? Few years back, we were also of the same thought. After having undergone the pain of declaring, investing, submitting proofs or having forgotten about all of it all, there is one mistake that you …

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