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Category: Mutual Funds

Mutual Funds

Do we have to pay Income tax on debt mutual funds?

by Banker March 27, 2023 Mutual FundsLeave a comment

Government has introduced the amendments in the Finance Bill 2023 and levied Income tax as per slab on the short term gain by the Debt Mutual funds. The taxation will also be applicable on Gold Mutual funds, International equity funds and fund on fund. The introduction of tax has brought the bank fixed deposits (FDs) […]

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