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Does ELSS comes under 80C after latest budget 2014?

ELSS comes under 80C till 2013 and we get Tax Exemption on investing upto 1 Lakh with a lockin period of 3 years.

Does now ELSS comes under 80 C after latest budget 2014? Shall we get tax exemption if we invest in ELSS fund this year? What is the limit of investmnet as per current budget? Does the budget 2014 comes with effect from this year or from after March\’15?

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