News From Press Best ELSS or tax saving mutual funds to invest in 2020

Best ELSS or tax saving mutual funds to invest in 2020

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.

The Economic Times Jul 3, 2020

If your tax-saving exercise was spoiled by the coronavirus pandemic in the last financial year, you still have time to salvage the situation. You can make investments in certain tax-saving investments like ELSS until July 31 to claim tax deductions for the last financial year. The government has extended the last date for making tax-saving investments in the last financial year to June 30 earlier, but it was extended to July 31.

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