If you are thinking about investing in Equity Linked Saving Schemes or ELSSs to save taxes under Section 80C, this may be a good time to do it. Though the stock market has bounced back from its lows it hit in March, it is still way below its peak. So, if you are looking to invest with an investment horizon of five to seven years, you may invest in tax saving mutual fund schemes to save taxes this financial year.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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