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Day: July 26, 2024

Changes in Taxation for Mutual Funds

July 26, 2024July 26, 2024bossLeave a Comment on Changes in Taxation for Mutual Funds

Mutual funds are becoming the popular route for retail investors to participate in the capital markets with assets under management of the industry crossing ₹60 lakh crores. The Union Budget 2024-25 has changed capital gains taxes on financial assets. WHAT IS THE TAX REGIME FOR EQUITY-ORIENTED MF SCHEMES? As per income tax laws, any gain […]

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