SUBSCRIBE NEWSLETTER
News From Press LTCG tax confusion hits last-minute ELSS investments

LTCG tax confusion hits last-minute ELSS investments

Source: ET Feb 14, 2018

Re-introduction of long term capital gains tax on equity mutual fund schemes has adversely hit last minute investments in Equity Linked Saving Schemes this tax-saving season, say some mutual fund advisors. “Many investors are calling to ask whether ELSS is tax-free or does ELSS still qualify as a tax-saving instrument. There are lesser last-moment investment calls due to this confusion,” says Puneet Oberoi, Founder, Excellent Investment Advisors. 

Click here to read more>>

0 Comment
Be the first to comment.
Wish to stay on top of your game? Get daily tips, ideas and articles to grow your business.
Subscribe to Cafemutual Newsletter.