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Section 54EE Tax Relief: How to Benefit from Capital Gains Exemption on Investments

Under the Income Tax Act, 1961, the government offers relief from capital gains tax through various provisions to encourage investment in specific sectors and promote economic growth. One such provision is Section 54EE, which allows individuals and Hindu Undivided

What Are the complete Tax Rules for Capital Gains on the Transfer of Units of Equity-Linked (ELSS) Under Section 10(38)?

Equity-Linked Savings Schemes (ELSS) are a popular investment option in India, especially for those looking to save on taxes while potentially earning returns through equity exposure. ELSS funds are a type of mutual fund that primarily invests in equity