80C - ELSS funds

I have invested in ELSS and paying around 4k as SIP. Could you please let me know ..how much could excempt in tax saving.

can I invest in one more ELSS. From some of my frds I get know maximum we can excempt 48400 from ELSS funds. Is that true?
Replies (3)

For 4000 PM.... exemption u/s, 80C will be 48000/-

For exemption u/s. 80C, maximum limit is Rs. 1.50 L and not as misrepresented by others.

could you please comment on thus

how-to-save-income-tax-under-section-80c

 

elss-vs-80c-investments

 

are-you-confused-about-how-to-claim-tax-deductions-in-elss

 

how-to-invest-in-elss

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