Principal Mutual Fund

Taxable Income

3 Lakhs
75 Lakhs

ELSS Investment

0
1.5 Lakhs

Tax Payable

New Tax Payable

You Save

#All the figures are in . The tax rates are based on AY 2017-18 for Indian residents below the age of 60. EC + SHEC is taken at 3%. Tax rates may vary depending on the tax slabs as applicable to different categories of individual taxpayers. It is assumed that surcharge is not applicable and tax Savings is calculated assuming the investor has not invested in other Tax saving options under Section 80C. The above calculator is prepared for illustrative purpose only and shall not be considered as Tax advice. Investors are advised to seek independent professional/ tax advice and arrive at an informed investment decision before making any investments. PMF/ AMC/ Trustee/ Sponsor or any other group companies of the entities referred herein will not accept any liability whatsoever nor will it accept any responsibility for any financial or non- financial consequences arising from the use of this tool.
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