Equity Linked Savings Scheme establishes a tax-advantaged investment framework under section 80C upon official notification. The Central Government, exercising powers under clause (xiii) of sub section (2) of section 80C of the Income tax Act, 1961, promulgates the Equity Linked ... Summary
Equity Linked Savings Scheme establishes a tax-advantaged investment framework under section 80C upon official notification.
The Central Government, exercising powers under clause (xiii) of sub section (2) of section 80C of the Income tax Act, 1961, promulgates the Equity Linked Savings Scheme, 2005 by notification and provides that the scheme shall come into force on its publication in the Official Gazette.
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