The best Tax Savings option ELSS
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Here we come to the best investing avenue for today’s investors. ELSS funds have been in limelight for their superior performance and with equity markets putting a strong and show the going is get to be good in the future too.
Why ELSS is the best Investment Strategy for Tax savings ?
1. Generates highest returns as compared to other Investing avenues
Tax-saving fixed deposits FD good tool for investors
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In Budget 2006, the government extended tax benefits to five-year tax-saver deposits. As per the existing provision, you are eligible for exemption on five-year deposits on investments up to Rs 1 lakh. These fixed deposits will be locked for a five-year period from the effective policy date. So, you cannot exercise the option of premature withdrawal.
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