Personal Finance

Are ELSS Funds losing significance? How they compare with tax-saving FDs

Equity-linked savings schemes (ELSS) are witnessing sustained investor withdrawals as the new tax regime reduces their biggest attraction — tax benefits. But despite the outflows, the category continues to offer higher return potential than traditional tax saver fixed deposits for investors willing to embrace market risks.

For investors continuing with the old tax regime, the choice often comes down to ELSS funds and Tax Saver Fixed Deposits (FDs), both of which qualify for deductions of up to ₹1.5 lakh under Section 80C.

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Investment

Prices vary slightly across cities due to local taxes, transportation costs, and jewellers’ margins.

Gold, silver rates on June 17, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

According to ChatGPT, the most important observation is that this is not a case of reckless spending, but it is the personal loan.

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Despite their attractive returns, company FDs carry higher risks than bank deposits.

Fixed deposits: Company FDs offer rates up to 9.1%, outpacing bank deposits but with higher risks

Silver jewellery outshone other categories with exports soaring 172.53% to $365.77 million in April-May, while gold jewellery exports declined 14.75% in May.

As gold loses lustre, silver and lab-grown diamonds drive new growth

West Asian producers account for nearly 9% of global aluminium supply, making the Strait of Hormuz a critical artery for the metal's trade.

Why are aluminium prices and metal stocks tumbling after easing of West Asia tensions?

Gold, silver rates on June 16, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

Gold, silver rates on June 15, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

Electronic Gold Receipts are SEBI-regulated instruments representing physical gold held in accredited vaults.

Can Gold EGRs challenge Gold ETFs and sovereign gold bonds?

Most banks provide resident senior citizens aged 60 years and above an additional 50 basis points over regular FD rates.

Senior Citizen FD rates go up to 8.10% - How bank deposits compare with SCSS, post office schemes

Experts say an "all-weather portfolio" — one designed to perform reasonably well across varying economic conditions — can help investors navigate uncertainty while staying focused on long-term goals.

How much gold, equity & debt should you hold in uncertain times? Experts explain

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Tax

ITR-1 and ITR-2 filers will continue to have July 31 as the deadline, while non-audit business and professional taxpayers filing ITR-3 to ITR-7 will now have until August 31, 2026.

ITR due dates, revised returns and audit penalties: 3 big tax changes from AY 2026-27

Under the new tax regime, incomes up to ₹12 lakh attract zero tax through the Section 87A rebate. For salaried individuals, the ₹75,000 standard deduction raises the zero-tax threshold to ₹12.75 lakh.

₹12.75 lakh tax-free under new regime. How to make nearly ₹14.80 lakh income tax-free

Taxpayers with recurring additions of ₹50 lakh in metros and ₹20 lakh in non-metros may face mandatory scrutiny if such additions have been upheld or become final.

Income tax scrutiny in FY27: CBDT lists 6 cases that could put your ITR under scanner

ITR-U is a special return filing mechanism that enables taxpayers to rectify omissions or inaccuracies in previously filed returns or to file returns for years they had completely missed.

Missed filing ITR for last few years? Here's how ITR-U can help you avoid bigger penalties

While Form 26AS and AIS are important documents, they may not always contain complete income details.

ITR filing mistakes: Mismatch in Form 26AS and AIS can trigger tax notices for you; what do next

For senior citizens, age itself does not determine the ITR form. The deciding factor is the source of income.

ITR filing 2026 guide for senior citizens: Which form should you choose for parents and who can skip filing?

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Investment

Gold, silver rates on June 17, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

Couple earning ₹1.7 lakh a month left with just ₹2,500 savings - what should they do? ChatGPT answers

Fixed deposits: Company FDs offer rates up to 9.1%, outpacing bank deposits but with higher risks

As gold loses lustre, silver and lab-grown diamonds drive new growth

Why are aluminium prices and metal stocks tumbling after easing of West Asia tensions?

Gold, silver rates on June 16, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

Gold, silver rates on June 15, 2026: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata

Can Gold EGRs challenge Gold ETFs and sovereign gold bonds?

Senior Citizen FD rates go up to 8.10% - How bank deposits compare with SCSS, post office schemes

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Retirement Planning

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