Investments in both PPF and ELSS of up to Rs 1.5 lakh per financial year qualify for tax deduction under Section 80C. However, PPF has an edge over ELSS in terms of taxation of returns.

Every investment plan comes with its own set of risks, returns and tax benefits. You can choose among NPS, PPF and ELSS as ...

The Public Provident Fund, or PPF, and an equity linked savings plan, or ELSS, are eligible for a deduction under Section 80C of the Income Tax Act, which has been upped to Rs 1.50 lakh in last ...

PPF vs ELSS or tax saving mutual funds: What you need to know PPF currently fetches an interest rate of 7.6%. From the seventh year, an investor can make partial withdrawals from your PPF account ...

ELSS vs PPF - While there are many tax-saving investment options, there are two that are widely popular. These are ELSS and PPF. Visit this section to know the difference between ELSS and PPF ...

He said, “For one, the fixed tenure of ELSS is three years, whereas PPF account has to be invested for 15 years. Hence, investors need to determine the time horizon for which they wish to invest ...

While PPF is a debt asset generating returns with low volatility over the long term, ELSS is a market-linked equity investment exposed to the vagaries of the stock market.

5. Taxation: Proceed from PPF if held till maturity is exempt from tax while in case of ELSS gains after the lock-in period if withdrawn are taxed at 10% with an exemption of ₹ 1 lakh. On the ...

ELSS vs PPF: Tax benefits. Both ELSS and PPF investments are eligible for tax deductions under Section 80C. You can claim a maximum deduction of up to Rs 1.5 lakh in a financial year under these ...