With under four months to the end of the financial year, many of you would be waiting for your employer to send a reminder to share your provisional r
The first step would be to zero down the vehicle that you would choose for saving taxes
Do your own research and invest in the instruments that you understand and align with your financial goals
Health insurance policies also come with tax saver facilities with a limit of Rs 1 lakh per annum.
Endowment insurance plans are life insurance plans that are good for tax-saving and essential investments
Consider the fund's long-term performance before investing in an ELSS plan or systematic investment plan
Money 9 Helpline hosted Viral Bhatt, founder, Money Mantra to help you understand how you can include PPF and ELSS in your investments
ELSS returns are market-linked and are directly related to the performance of the equity markets.
You will earn loyalty benefits if you stay invested in ULIPs through the policy term. But there are no loyalty benefits applicable in ELSS.
If mutual funds, such as the Equity Linked Savings Scheme (ELSS), have a three-year lock-in period, you will be unable to switch