Govt. to scrap long-term tax benefit for debt mutual funds investing less than 35% assets in equity

[ad_1] Govt. to remove tax benefits on mutual funds with less than 35% investment. Debt mutual funds are likely to be stripped of the long-term tax benefit if they invest less than 35 per cent of their assets in equities. Such mutual funds will attract short term capital gains tax. The government is likely to […]

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