Friday, March 24, 2023

Invest in debt schemes before March 31 to enjoy indexation benefit: advisors

A note from a distributor told investors that ‘this is to inform you that FY 24 Budget amendment is proposing any capital gain made on investments made after April 1, 2023 in Non Equity MFs ( Funds which have more than 35 % investment in debt ) will not be eligible for Long Term Capital Gains benefits.”

from Personal Finance News-Wealth-Economic Times https://ift.tt/NpjMd6x

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