Discover and read the best of Twitter Threads about #savetax
Most recents (2)
If you are looking for an efficient investment to save tax in India, this is for YOU!
The BEST way is to invest in ELSS Mutual Funds. You can save up to ₹46,800 in taxes under Section 80C!
Here is how! (1/n)
#ELSS #mutualfunds #taxexemption #thread
The BEST way is to invest in ELSS Mutual Funds. You can save up to ₹46,800 in taxes under Section 80C!
Here is how! (1/n)
#ELSS #mutualfunds #taxexemption #thread
Every year in March, as the financial quarter comes to an end, there is a rush to invest in tax-saving funds.
And with the quarter end so near, let's look at why ELSS is so popular as a tax saving scheme. (2/n)
#ELSSfunds #taxsavings #investment
And with the quarter end so near, let's look at why ELSS is so popular as a tax saving scheme. (2/n)
#ELSSfunds #taxsavings #investment
What is ELSS Fund?
ELSS fund, or Equity Linked Savings Scheme fund, is a tax-saving scheme that allows you to save tax while investing for your long-term goals. (3/n)
#savetax #financialgoals #taxsavingschemes
ELSS fund, or Equity Linked Savings Scheme fund, is a tax-saving scheme that allows you to save tax while investing for your long-term goals. (3/n)
#savetax #financialgoals #taxsavingschemes
Despite having a monopolistic situation in many businesses, many #PSUcompanies haven't generated attractive #returns for their #shareholders. More than for #investors, the govt. is likely to benefit by the provision of allowing 80C deduction on #investments. #Budget2019
PSU #ETFs have a high portfolio concentration & single sectoral exposure. For eg. CPSE ETF holds over 60% of portfolio in energy sector & top 4 stocks constitutes over 75% of portfolio. Similarly, Bharat-22 holds 55% of portfolio in top 5 stocks. #Budget2019 @TheEconomist
#Investors having primary objective to #savetax, cannot ignore the performance of #ELSS #mutualfunds. Fund manager, considers number of factors like macroeconomic indicators, financial strength of a company & its competitive advantage etc. while constructing portfolio.#Budget2019
