Tax Savings
Minimize your tax liability. Get your income and financials analysed in detail by our experts at InvestSaathi.
Detailed analysis of income and liability.
Tax planning for short term and long term.
Recommendations on the right tax benefit options.
Tax Benefit Options
Equity Linked Savings Scheme is the only mutual fund scheme in India which qualifies for tax deduction under Section 80(C) of the Income Tax Act. Investments upto ₹1.5 lakh are eligible for deduction from your taxable income, provided it remains locked in for 3 years in the scheme.
Equity Linked Savings Scheme
Provident Fund
Provident Funds are low risk investment avenues that can help you grow your funds securely. In this process, the employer will collect an amount by deducting it from your monthly remuneration. As you start working in a firm, both you and the organisation contributes 12% of your basic remuneration into the EPF account. For your contribution, you can get a deduction of up to Rs 1.5 lakh according to Section 80C of the IT Act.
Equity Linked Savings Scheme is the only mutual fund scheme in India which qualifies for tax deduction under Section 80(C) of the Income Tax Act. Investments upto ₹1.5 lakh are eligible for deduction from your taxable income, provided it remains locked in for 3 years in the scheme.
Fixed Deposit
See For Yourself Below
Compare returns between InvestSaathi and other tax- saving methods.
Investment Amount
Number of Years
InvestSaathi
ELSS
Fixed Deposit
Provident Fund
Lock-In:
0 years
3 years
5 years
15 years
50k Investment over 5 years Comparison
Amount
