
Investment in Tax Saving Products – An Overview
Introduction
Income Tax Act, 1961 governs the taxation of incomes generated within India and of incomes generated by Indians overseas. This Investment in Tax Saving products-an overview mba finance project report study aims at presenting a clear and simple understanding of tax planning and investing in tax saving products for every individual. As the scheme invests in equity instruments, over a period of time it would help you grow wealth.
Investment in Tax Saving products-an overview mba finanace project report We have a temptation to withdraw yield as soon as we can, ELSS come with a lock-in period of 3 years forcing you to keep the amount invested for a minimum duration of 3 years. This would allow your money to grow considering market fluctuations