What is the Lock-in period in ELSS and the maximum TAX benefit available? : Sqrrl Help & FAQs

What is the Lock-in period in ELSS and the maximum TAX benefit available? Print

Modified on: Fri, 17 May, 2019 at 2:19 PM

The money invested in ELSS is locked for 3 years from the investment date and cannot be withdrawn under any circumstances.

Though you can invest any amount in ELSS, one can avail tax benefit of up to Rs 46,800 by investing up to Rs 1.5 Lakhs under Section 80 C.

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