Under the new tax regime, investors cannot claim tax exemption against investment in ELSS. {{^adFree}} {{/adFree}} One of the popular investment schemes among retail investors who want to save tax include Equity Linked Savings Scheme which enables investors to stay invested in equity mutual funds for three years while saving income tax at the same time under section 80C up …
While you shortlist an investment product, it is also very important to know the holding period or the ideal period to stay invested in the product. The Short Term Capital Gains tax is higher than the Long Term Capital Gains tax and so it would be wise to stay till the completion of the short term capital gains period. Up …