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CCI Conducted Investors Awareness Meet to Discuss the Importance of Tax Saving Instruments

Dec 19, 2017

As the financial year-end is approaching, the tension of tax planning and tax saving has occupied major investors. Keeping the same concern in mind, ‘Investors Awareness Meet’ was organized by Cognus Capital Invest at Hotel Amantra, Opposite Sahelion Ki Bari, New Fatehpura, Udaipur on 19 Dec 2017. The gathering aimed to impart knowledge of the various ways in which investors can reduce their liability of taxes and can enjoy maximum tax deduction up to Rs. 1,50,000 through ELSS investments under section 80C of the Income Tax Act, 1961.

The meeting was presided by Mr Atul Tripathi (Area Head of CCI). The highlight of the day was when he shed light on the importance of investing in tax saving instruments, especially ELSS mutual funds. They were also guided about the top performing ELSS tax saving funds which can help the investors to generate medium to long-term capital appreciation from a diversified portfolio, with substantial concentration of equity and equity-related securities. People had several doubts and myths regarding the same which were discussed during the meet. The evening was wrapped up with a thank you note and dinner.

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