நீண்டது கால பங்கு நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from நீண்டது கால பங்கு நிதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In நீண்டது கால பங்கு நிதி Today - Breaking & Trending Today

Ask Money Today: Is it possible to create a retirement corpus of Rs 4 cr in 10 years?

Ask Money Today: Is it possible to create a retirement corpus of Rs 4 cr in 10 years?
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

Raghvendra Nath , Deepan Kumar , Long Term Equity Fund , Kotak Flexi Cap Fund , Franklin Prima Plus Fund , Term Equity Fund , Kotak Flexi Cap , Ladderup Wealth , ராகவேந்திரா நாத் , நீண்டது கால பங்கு நிதி , கோட்டக் நெகிழ்வு தொப்பி நிதி , கால பங்கு நிதி ,

elss mutual fund: Invest more than Rs 1.5 lakh in ELSS mutual fund to claim full benefit under section 80C: Experts


Suggested InvestmentHorizon: >3 years
Time taken to doublemoney: 1.1 Years
Chartered Accountant Naveen Wadhwa, DGM, Taxmann.com says, Section 80C allows deduction in respect of various investments such as a subscription to units of ELSS, ULIPs, etc. The Indian Stamp Act provides for the levy of stamp duty at the rate of 0.005% on purchase of units. If an investor is investing Rs 50,000 then stamp duty of Rs 2.5 shall be levied, and a balance amount of Rs 49,997.5 will be invested in the units. The provision is silent whether the amount of deduction under Section 80C shall be arrived at before excluding or after excluding the stamp duty. It is advisable to claim the deduction for the net amount, that is, after excluding the stamp duty. ....

Abhishek Soni , Naveen Wadhwa , Rama Karmakar , Axis Mutual Fund , Prudential Long Term Equity Fund , Mirae Asset Mutual Fund , Axis Long Term Equity Fund , Mirae Asset Tax Saver Fund Is Rs , People Advisory Services , Income Tax Act , Tax Partner , Advisory Services , Accountant Naveen Wadhwa , Indian Stamp Act , Mirae Asset Tax Saver Fund , Long Term Equity Fund , அபிஷேக் சோனி , நவீன் வாத்வா , ராமா கர்மகர் , அச்சு பரஸ்பர நிதி , விவேகமான நீண்டது கால பங்கு நிதி , மீரே சொத்து பரஸ்பர நிதி , அச்சு நீண்டது கால பங்கு நிதி , வருமானம் வரி நாடகம் , வரி கூட்டாளர் , கணக்கர் நவீன் வாத்வா ,

Invest more than Rs 1.5 lakh in ELSS mutual fund to claim full benefit under section 80C: Experts


Synopsis
According to chartered accountants, this is necessary to claim the full tax-saving benefit of Rs 1.5 lakh, which is the maximum allowed under section 80C.
iStock
Effective from July 1, 2020, investments in equity mutual funds attract stamp duty at the rate of 0.005%.
If you are investing in an equity-linked savings scheme (ELSS) to claim the tax benefit under section 80C of the Income-tax Act, 1961, then do make sure that you have invested marginally more than the specified limit of Rs 1.5 lakh in a financial year. According to chartered accountants, this is necessary to claim the full tax-saving benefit of Rs 1.5 lakh, which is the maximum allowed under section 80C. However, in order to do this you may have to end up investing at least Rs 500 more than Rs 1.5 lakh i.e. Rs 1,50,500 in case of a lump sum investment. In case of SIPs, the amount may have to be more. ....

Abhishek Soni , Naveen Wadhwa , Rama Karmakar , Axis Mutual Fund , Prudential Long Term Equity Fund , Mirae Asset Mutual Fund , Axis Long Term Equity Fund , Mirae Asset Tax Saver Fund Is Rs , People Advisory Services , Income Tax Act , Tax Partner , Advisory Services , Accountant Naveen Wadhwa , Indian Stamp Act , Mirae Asset Tax Saver Fund , Long Term Equity Fund , அபிஷேக் சோனி , நவீன் வாத்வா , ராமா கர்மகர் , அச்சு பரஸ்பர நிதி , விவேகமான நீண்டது கால பங்கு நிதி , மீரே சொத்து பரஸ்பர நிதி , அச்சு நீண்டது கால பங்கு நிதி , வருமானம் வரி நாடகம் , வரி கூட்டாளர் , கணக்கர் நவீன் வாத்வா ,