NEWS & ADVICE : HOME LOANS
Save tax with ELSS
By Joseph Samson
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Growth option: In growth option, the investor does not get any income in between the tenor of the fund. He only gets the lumpsum amount earned as return on maturity.

Dividend option: In dividend option, the investor is entitled to capital gains but along with it also gets dividend as and when it is announced by the company. This option also gives income tax benefit.

For example: if an investor invests Rs 1 lakh in ELSS fund with dividend option and he gets Rs 30,000 as dividend, then his effective investment will be Rs 70,000 but he will get tax benefit on the entire amount that is Rs 1 lakh.

Some of the best tax saver ELSS schemes

•HDFC Tax Saver

•Sundaram BNP Paribas Tax Saver

•Franklin India Tax Shield

•ICICI Prudential Tax Plan

•Magnum Tax Gain

•HDFC Tax Advantage

•Canara Robeco Equity Tax Saver

•Religare Tax Plan

•ING Tax Savings


 


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(Comments Posted : 1) Post Your Comments
1. Greetings to you all! My name is Mr Abdul Majeed, a private and reputable loan lender. I render all kind of loan to individuals with an interest rate of 3% with a repayment length of 1 to 30 years maximum. A lot of people have benefited from my loan offer and it have change their lifestyle positively giving them the opportunity to create their own business.
I render loan such business loan, agricultural loan, education loan, house loan, automobile loan, etc. If you are in need of a loan, kindly fill the borrower form below with your valid details and reply back for more information at abdulmajeedloancompany@gmail.com

Full Name:
Country:
State:
Sex:
Age:
Home Address:
Amount Needed:
Currency Needed:
Loan Duration:
Monthly income:
Phone: Number:
Occupation:
Purpose for Loan:
Website you saw our ads:

Note: All reply should be forwarded only to abdulmajeedloancompany@gmail.com for immediate attention.
Do you need an urgent loan? (Posted: Dec 4, 2015)
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