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One can invest in ELSS in one of two ways: as a single sum or as part of a systematic investment plan (SIP) to increase their investment portfolio. Section 80C of the Income Tax Act allows for tax deductions of up to Rs 1.5 lakh on investments in specific instruments such as ELSS mutual funds throughout the course of a fiscal year.

New Delhi [India], March 22 (ANI): To measure the growth and prosperity of any country, there are several yardsticks, one of which is how many people in that country file their Income Tax Return (ITR). Read below to find out how to file an income tax return.

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GST or the Goods and Services Tax is one of the much awaited and biggest tax reforms in India in last 70 years. GST claims to unify all the taxes levied.

Examining an Income Tax Return

On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be done with that money. For a number of reasons, it should be given back to the people who earned it — ordinary, hard working Minnesotans