Equity-linked saving schemes (ELSS) are the best way to save tax in 2017, according to The Economic Times ranking of taxsaving instruments. The Economic Times assessed 10 tax-saving options on eight key parameters, including returns, safety, liquidity, costs, transparency, flexibility, ease of investment and taxability of income. ELSS funds scored highest, followed by the National Pension System (NPS) and Ulips at the second and third place, respectively.
The terrific returns gene ..