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1. investormahesh   I Like It. |Report Abuse|  Link|July 17, 2019 8:24:56 PMReply
FM announced that investments in CPSE ETF will be eligible for deduction under section 80C of IT Act. Some websites are also claiming so. But i guess it will not apply at present (to this issue -ETF) because benefit under section 80C comes with at least 3 years' lock in period. Please give your views regarding lock in period.
1.1. Ordinary Visioner   I Like It. |Report Abuse|  Link|July 18, 2019 10:42:01 AM
it can apply for present CPSE ETF ISSUE also.
but have a look at basic small information.
you can get tax benefits from cpse etf when you are holding it from atleast 3 years. or in lock in period.
if you don't want to show this in your 80-c then you can sell this anytime you want but you can not get the 1.5 lakhs tax benefits.
thank you.
1.2. investormahesh   I Like It. |Report Abuse|  Link|July 18, 2019 2:20:23 PM
Ordinary Visioner thanks for reply

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