News From Press Looking to invest in tax saving mutual funds? Here is your option

Looking to invest in tax saving mutual funds? Here is your option

Source: The Financial Express Jan 8, 2020

People have now started looking for investment options to save tax. If you are also looking for some options, there are certain mutual funds that offer tax deductions under Section 80C of the Income Tax Act. Investments up to Rs 1.5 lakh in a financial year is eligible for tax deduction u/s 80C. Under mutual funds, equity-linked savings schemes (ELSS) are equity-oriented schemes that are specifically designed for tax saving.

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