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Does SIP in ELSS fetch tax deduction?

You can claim a tax deduction of up to Rs 1.5 lakh on your investments in tax planning mutual funds

Does a Systematic Investment Plan (SIP) in an Equity Linked Savings Scheme (ELSS) qualify for a tax deduction?
- Shankerlal Soni

Your investments in Equity Linked Savings Scheme (ELSS) or tax planning mutual funds qualify for a tax deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act.

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