ELSS

Tax Treatment of Various Financial Instruments

Tax Treatment for Various Financial Assets

Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on …

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Best Tax Saving Mutual Fund / ELSS Fund to invest in 2012-13

Best Tax Saving Mutual Fund - ELSS

ELSS (Equity Linked Saving Scheme) also popularly known as Tax Saving Mutual Funds are one of the best investments you can do to save tax and create wealth in the long run. But unfortunately according to the proposed direct tax code ELSS would be a thing of past and it would no more be eligible as tax saving instrument under section 80C of Income tax. Nevertheless Financial …

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Investing in ELSS – Growth, Dividend Payout or Dividend Reinvestment?

Tax Saving Mutual Fund - ELSS

In response to one of my previous post about Tax Savings Mutual Fund (ELSS), I got a query – While investing in an ELSS which option should I choose – Growth, Dividend Payout or Dividend Reinvestment? This is a question that haunts most of the new/ First time investors. Actually the problem is most of …

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