In the Finance Bill 2023, a new provision was sneaked in which impacts taxation on debt funds. It takes away one of the selling points of these funds against Bank FDs – long term capital gains tax along with indexation benefits. This has led to a flutter in the minds of investors and several questions […]
Surrender value taxation – must know insurance facts
It doesn’t need iterating that insurance (specially the investment variety) is a super complex product. Read through a product brochure and there are so many ifs and buts attached to any product. It is just not possible for a layperson to understand and evaluate the product and make an informed decision. Imagine those who bought the policies 10, 15 or 20 years ago. […]
STP and taxation in mutual funds – Query
Taxation continues to be a complex subject for most investors. Different tax rules apply based on what you choose – Growth vs Dividend or Debt vs Equity. Here’s a specific question on taxation in mutual funds in an STP mode. A reader sends this query: Sir I am planning to make STP from SBI Liquid […]
Is it time to skip balanced funds, post LTCG tax? – Reader Query
A reader wants to know that after the LTCG tax, does investment in a large cap + debt fund combo expected to generate a better tax adjusted return versus investing in one of the balanced funds. We find out. Here is the query: With LTCG on equity, without any indexation, debt funds can be more attractive […]
