Can investment made in Mutual Fund through sip from my taxable income reduce my tax liability?
are there different types like debt orientated or equity and what is the effect of such types?
Menu
Tax Impect Of Investment In Mutual Fund.
Replies (1)
Whether SIP or Lumsum........... but investment in ELSS (equity oriented MF scheme) can save your tax liability u/s. 80C (inclusive of other options like PPF, Ulip, Insurance etc...) for maximum investment limit of Rs. 1.50 lakhs PA, in aggregate.
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
