New tax amendments may make conventional debt instruments like FDs, G-Secs attractive

New tax amendments may make conventional debt instruments like FDs, G-Secs attractive

The amendments to the taxation of debt mutual funds didn’t bode well for investors across categories, as the arbitrage benefits one could avail on such investments are no longer in place. According to the amendment to the Finance Bill, income from investments in debt mutual funds where not more than 35% is invested in equity … Read more