I am interested to invest in mutual funds for my income tax.
Pls suggest the tax benefit & secure mutual fund investment
nagaraj
chennai
Resolved Question
Show me another »Pls suggest the tax benefit & secure mutual fund investment?
by HMT
- Member since:
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Best Answer - Chosen by Voters
Only investments in ELSS of MFs qualify for exemption u/s 80C.
Buy units of SBI Magnum Tax Gain 94 scheme.
LTCGs from investments in equity oriented MFs are tax free.
HMT
Buy units of SBI Magnum Tax Gain 94 scheme.
LTCGs from investments in equity oriented MFs are tax free.
HMT
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