Equity-Linked Savings Scheme (ELSS) is an open-ended diversified equity mutual fund plan that provides the opportunity to earn higher returns on your investment along with tax benefits. Read on to know more about this scheme. What is ELSS?ELSS includes diversified equity funds that invest most of the corpus in
Indian taxpayers may miscalculate their taxes and end up paying more money than they owe to the Income Tax Department. Luckily, if you overpay your taxes, you are eligible for an income tax refund. When that money hits your bank account, it is an exhilarating feeling. You can choose to
The Employees’ Provident Fund (EPF), commonly known as Provident Fund (PF) is an investment cum savings option that eligible companies offer to their employees as a retirement scheme. The employees invest 12% of their basic pay in the EPF each month, and the employers contribute the same amount to the
