Key Highlights 1. ‘Policy continuity’ with no major populist announcement despite election result 2. Continued focus on fiscal consolidation Further reduction in fiscal deficit target to 4.9% of GDP for…Continue Reading
The Union Budget of 2018 made a significant change in taxation of equity mutual funds. Long Term Capital Gains on equity funds, which had been exempt since 2004, were made…Continue Reading
We covered taxation on mutual funds in detail last month, over two different posts. This week, we will go a bit more into detail, especially as many of you had…Continue Reading
Please note – With the proposals detailed in the 2018-19 budget, the rules regarding equity fund taxation as explained in this article do not apply any longer. Click here for the…Continue Reading