1 Disinvestment is when the government sells the equity shares it holds in public sector units (PSUs) to individuals or institutions.
2 Disinvestment transfers the ownership of shares from government to another entity, at market prices and creates gains for the government depending on the price.
3 It is done when the PSU is not profitable or the government does not want to continue in any business since the private sector has penetrated that business.
4 When funds raised from disinvestment are used to meet routine revenue expenditure, it is undesirable as an asset is sold without creating another asset.
5 Disinvestment has become a significant source of revenue for the government, `40,000 crore is the estimated amount to be raised in financial year 2014-15.
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
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