My father-in-law and niece both have their birthdays on the same day, so usually, 1 February is a day of double celebration in our family. This year however, it was also the day the Finance Minister had some not-so-good news for us (and equity investors)… Currently, long term capital gains arising on sale of listed … Continue reading What Budget 2018 could mean for the stock market
While the public at large seems to be confused about what to make of the budget, investors in debt mutual funds would surely give it a thumbs-down. This is because of a seemingly “slight” change in the tax treatment of debt funds proposed in the budget. Existing tax regime for debt mutual funds Debt mutual … Continue reading A death blow to debt mutual funds?