It is the beginning of the financial year, and this is the best time to start your tax-saving investments. And you know an Equity Linked Saving Scheme (ELSS) or tax saving/planning mutual fund scheme is the best way to save taxes. Investments in ELSS funds qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Go ahead and start your Systematic Investment Plan in an ELSS right away.
