Tue, Mar 06, 2018
PPF is a preferred investment option is because of its tax efficiency and its eligibility for tax deduction under section 80C. However, one can avail the same tax deduction of Rs. 1.50 Lakh, with higher post tax returns, by investing in ELSS (Equity Linked Saving Scheme). The returns from ELSS are higher even after considering the proposed long-term capital gains tax of 10%, that has been introduced in the recent budget.
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