Monday, February 5, 2018

Budget 2018 - Standard Increase

Invest in ELSS Funds Online and Save Tax



Employees of formal sectors will have more money to invest: Government has proposed to fund 12% of wages for new employees of Employees' Provident Fund in all sectors. In addition, take home salary of new women employees is likely to go up in the formal sector. Employers can deduct 8% PF to be cut in first three years.

In addition, salaried individuals can claim standard deduction of up to Rs.40,000 in lieu of transport and medical reimbursement. It has increased from Rs.34,200 (Rs.19,200 transport allowance and Rs.15,000 medical reimbursement).



Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Top Performing Tax Saving ELSS Funds. Save Tax Get Rich

Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund 

2. Mirae Asset Tax Saver Fund

3. DSP BlackRock Tax Saver Fund

4. Sundaram Diversified Equity Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. Axis Tax Saver Fund

10. BNP Paribas Long Term Equity Fund


Invest in Best Performing Tax Saver Mutual Funds of 2018

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