But my understanding about tax on Debt MF is that you only pay tax when you sell your units… or the interest accrued is being taxed annually, like FDs?
In the former scenario, it is slightly beneficial to not churn frequently.
But my understanding about tax on Debt MF is that you only pay tax when you sell your units… or the interest accrued is being taxed annually, like FDs?
In the former scenario, it is slightly beneficial to not churn frequently.
Debt funds are in the same tax bracket now, whether you churn or not. Both Short term and long term gains, are in slab rates.
Concentrate on advance growth and deposit growth with NPA
Then only the bank can grow faster than GDP plus inflation
Hopefully more market share from public sector banks and HDFC customers now they are merged
NIM will catch up in the mid to long term
Disc- invested
You should justify your statement with supportive information, or you should withdraw it.
Great move considering that the VAT refund is based on number of wineries.
please avoid posting such comments as this can influence members who are new to the stock market.
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