Provident fund repayments linked to Aadhaar

With the Supreme Court allowing linking of provident fund with Aadhaar, the Employees' Provident Fund Organisation can go totally online. For example, settlement of accounts, an offline process, can now be done through the usage of Aadhaar. In addition, since the card has been allowed for pension schemes, the money can be deposited directly to a pensioner's account. Even if the pensioner dies, things can move rapidly if his/her nominee's details are with the department. At present, it takes three to six months for transfer of such details.

Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

This list constantly under goes changes based on improvement or reduction in performance of the mutual fund. That could change the position of these funds among the top 10 Tax Saving Mutual Funds in India.