ELSS will not be an option once DTC is enforced. Till we have the option I am definitely going to use it to get Full tax saving without investing one lac into the Best dividend paying Tax Saving Funds.

Much talked New Direct Tax Code has hit very badly to mutual fund investors and mutual fund houses. ELSS and Dividend were two of the few better aspects of mutual fund investing are now history. Let us see in details each one of them.

There is lot of confusion among many of us about Taxation for Non-ELSS Mutual Funds. Let us try to answer this question with very simple examples.

It’s that part of the year when everyone is looking for ‘tax saving’. Normally we look at sections like 80C and 80D, figure out what qualifies for deductions and proceed to make those savings and investments. But have you ever asked if there is any better way to Save your Tax? I will discuss few of the ways and see if you can better your way of saving Tax.

After suggesting Best Tax Saver Funds on the basis of dividend the question of many readers of the blog is. What they should choose, Dividend or Return?

List of some of the best Tax Saving mutual funds. The list of funds selected are based on criteria of consistent dividend for a long period of time.

Did you know that you can save taxes on the Rs 1 lac limit (the limit under Section 80C) yet invest much less than that? Sounds impossible, doesn’t it? I have done the same last year and will be doing the same this year.