Tax on Debt Mutual Fund

Capital Gains Tax on Debt Mutual Funds after Budget 2014

Budget 2014: Capital Gains Tax on Debt Mutual Funds

We had always recommended keeping some part of your investment in Fixed Income instruments in Debt Mutual Funds like FMPs, Liquid Funds, etc. especially if the investment is for more than a year and you are in higher tax brackets of 20% or more. Budget 2014 has come as shock to investors following this strategy. …

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