The finance minister is trying to streamline or get rid of exemptions gradually. She has also given taxpayers an option to choose between availing exemptions and reductions and not availing any of those. What is the likely impact on the ELSS schemes for you?
ELSS schemes over a period of time will lose their charm and attractiveness because next Budget or the Budget after that, tax incentives will probably be entirely withdrawn. So then it does not make sense to have a lock-i ..