OR |
The recent re-categorisation and rationalisation in mutual funds has brought about many changes among mutual fund offerings. One of them is that hybrid mutual funds—which invest in a combination of debt and equity—and were popularly offered as “balanced funds”, are now being sold as hybr...
The impact of tax on fixed maturity plans (FMP)offered by mutual funds.Edited Highlights0:33 How are fixed maturity plans or FMPs, offered by mutual funds, taxed?2:34 FMPs are type of debt funds and thus, their taxation is the same as that of other debt funds2:48 FMPs typically invest in debt securi...
Congratulations! You have made handsome gains by selling some of your investment in shares. Before, you start celebrating or using the money, spare a moment to check whether you need to pay any tax on capital gains you have made. Investments of more than a year If the sh...
So, you have sold a property and have made handsome gains on the property investment. Before, you decide to start splurging on the just-received money, spare a thought for the money, you need to pay the taxman. Remember, there is a significant portion of the money that will need to be paid as ta...
Copyright © FundooMoney. All rights reserved.
Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of FundooMoney is prohibited.
See the Terms of Service and Privacy Policy.