More ETFs this year, 14 CPSEs in different stages of stake sale: DIPAM secy
The 2019-20 Budget has proposed tax exemptions to exchange-traded funds (ETFs) for central public sector enterprises (CPSEs). These ETFs will get the status of equity-linked savings schemes (ELSS).
Finance Minister Nirmala Sitharaman has proposed to extend the benefit of section 80C for investments made in Central Public Sector Enterprise (CPSE) exchange-traded fund (ETF). Image source: Reuters