Returns on investments in equity mutual funds held over a year are treated as long-term capital gains and taxed at 10% on gains of over Rs 1 lakh in a financial year.from Personal Finance News-Wealth-Economic Times https://ift.tt/2Uf4EOp
Saturday, February 1, 2020
LTCG tax stays; budget 2020 disappoints mutual fund investors
Returns on investments in equity mutual funds held over a year are treated as long-term capital gains and taxed at 10% on gains of over Rs 1 lakh in a financial year.from Personal Finance News-Wealth-Economic Times https://ift.tt/2Uf4EOp
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