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LTCG tax: Why you must NOT quit equity funds
Rediff.com

LTCG tax: Why you must NOT quit equity funds

With the introduction of 10 per cent tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage, experts tell Sanjay Kumar Singh.Illustration: Dominic Xavier/Rediff.com Budget 2018 has introduced two key measures that will affect investors in equity and equity-oriented mutual funds. These were the imposition of a 10 per cent tax on long-term capital gains (LTCG) and a similar 10 per cent tax on dividend from these ... Rediff.com, 2 months ago
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