Q.
Is investment in this fund qualifies for deduction under section 80c of the income tax act
About: Mutual Fund: Reliance Regular Savings Fund - Equity
Asked by vikas dhand,
20 Oct '08 05:37 pm
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Answers (4)
1.
No not at all, This is not an ELSS ( Equty Linke Savings Schene)and will not support you the benefits of Section 80C of Income Tax.Go For Some other ELSS fund Like Principal Personal Tax Saver Fund,Birla Sun Life Tax Relief-96,Franklin India Tax Shield-98.
Answered by rahul Srivastava, 06 Dec '08 06:59 pm
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