Thursday, April 25

Day: September 2, 2019

Business

Are you looking for a tax saving tool?

There is hardly any individual who is not concerned about his tax saving. As per the income tax structure, every individual has to pay a certain amount of tax as per the bracket he falls in. The government of India has certain slabs decided as per which one has to pay the tax. For an individual who wants to save on tax amount, there are a few tools available that can help him. Among these tools, the mutual fund is considered as the best one as it saves tax and also helps to have a good return on the invested amount. Hence one can have dual benefits if the amount is invested in ELSS mutual fund which is for the tax saving only.The tax savers: The mutual funds also have a number of types from which one can invest in the type that is most suitable to his needs. The ELSS is also known as the t...