Looking to save taxes under Section 80C of the Income Tax Act this tax-saving season? Well, here are the best tax-saving plans for you. Equity Linked Saving Schemes (ELSS) or tax planning mutual fund schemes are ideal to save taxes up to Rs 1.5 lakh under Section 80C. Provided you have a higher risk tolerance and an investment horizon of five to seven years.
Why is an ELSS the best tax-saving option for many investors? Well, to begin with, ELSSs come with a shortest mandatory loc ..