ELSS Tax Implications After 3 Years – Know the Facts!

Equity Linked Savings Scheme (ELSS) is a popular tax-saving investment option under Section 80C of the Income Tax Act. While ELSS comes with a mandatory lock-in period of 3 years, it is not entirely tax-free after this duration. Post the lock-in period, the returns from ELSS are treated as Long-Term Capital Gains (LTCG) and are subject to taxation.

Tax Implications: Gains up to ₹1 lakh in a financial year are tax-free. Gains exceeding ₹1 lakh are taxed at 10% without the benefit of indexation.

Calculating ELSS Returns: Use an ELSS Calculator or ELSS Tax Calculator to estimate potential returns and tax liabilities.

Access ELSS Calculator Online: Compare multiple ELSS funds and calculate potential gains using reliable ELSS Calculators Online.

👉 Stay updated on ELSS taxation to make informed investment decisions.