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industrialfront

industrialfront

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Tag: Tax on Mutual Funds

Mutual Funds Tax Update
Posted inLatest News

No More Tax Advantage of Debt Mutual Fund: Finance Amendment

by Industrial FrontMarch 25, 2023

Now no more tax benefits on LTCG (Long term capital gain), which used to be taxed at 20% with indexation benefits. But from the 1st of April 2023, there will be no advantage like this. As far as we came to know the Finance Bill had made some amendments, one of the amendments is making […]

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