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Daily Archives: February 19, 2020

Should your clients continue with ELSS after the new tax system?

By adminClient Management Distributors Financial Planning OFA

Mutual fund investors prefer ELSS (Equity Linked Saving Schemes) since it is an ideal tax-saving product. Individuals who invest in ELSS can claim deduction of up to Rs 1.5 lakh in a financial year under Section 80C. In Budget 2020, the Finance Minister proposed a new tax system which makes it voluntary for taxpayers to…

February 19, 2020
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