WebThe tax benefit is calculated on the basis of current applicable tax rates under the old regime (Refer Note at the end of the page), ignoring marginal relief on surcharge, if any, ... SIP: Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Rs 500 thereafter WebOct 18, 2024 · Krishna (Fictional Character): Arjuna, The taxation of capital gain depends on the type of mutual fund and the holding period. If a SIP of an equity fund is held for less than 12 months, there will be short-term capital gain taxable at 15%. But if a SIP of an equity fund is held for 12 or more months, then there will be long term capital gain ...

Tax Benefits through SIP under Sec 80c - YouTube

WebSIP’s are Perfect for First Time Investors and Retail Investors in Mutual Funds. SIP is ideal for retail investors as such investors seldom possess the resources for pursuing active … WebApr 9, 2024 · Santosh Navlani, COO, ET Money. Investing via ELSS or lump sum doesn’t matter in mutual funds. Both are ways to invest in equities. SIP doesn’t have any special benefit over lump sum investments. otis sertraline

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WebThis is the question asked by the user, that how can I get the Tax benefits under sec 80c, by investing through SIPs. Find the detailed answer here.#mutualfu... WebMay 25, 2024 · SIPs can be one of the best tax-saving instruments with high returns on your investments. You can claim a deduction of up to Rs. 1.5 lakh from your taxable income for investing in ELSS through SIPs under Section 80 (C) of The Income Tax Act, 1961. With the highest tax slab of 30%, you can save up to Rs. 45,000 in a year. WebJul 25, 2024 · Systematic Investment Plan Tax Benefits: The only tax benefit you can avail of is investing in a SIP in ELSS tax Saver mutual Funds. Under the old income tax regime, you can avail of deductions of up to Rs. 150,000 under the old regime of taxation. Otherwise, you are taxed according to your tax slab. otis sharpe