1 A subsidy is the amount spent by the government to provide goods and services at prices that are lower than the market rates as a welfare measure.
2 Subsidies ensure equitable availability of essentials to low income groups and encourage higher consumption or production of certain products.
3 Subsidies represent a sizeable government expenditure. In India, food, fertilizers and fuel subsidies are estimated at `2.5 lakh crore per year.
4 Subsidies can distort both supply and demand. Producers may be unwilling to increase supply if they are unhappy with the price the government pays.
5 Consumers may not adjust behaviour if subsidies make goods cheaper. Investment in public transport may have been hurt by fuel subsidies that help private transport.
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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