FE Editorial : Don’t raise 80C limits
The Indian Express: Feb 02 2013, 02:37 IST
benefits gave a 5-year annualised return of 6.84% while the same asset management company’s Top 200 Fund, where an investor does not get any 80C exemption, gave a 5-year annualised return of 9.17%. This applies to most other fund houses. But at high tax brackets, the lower-return fund may be the optimal investment. Why not just remove 80C benefits altogether and compensate taxpayers by raising the base level at which tax rates kick in?
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