With the latest budget announcement and the directive from the previous year’s budget, debt mutual funds…
Tag: grandfathering
Why you shouldn’t rely on AIS for reporting stocks, MFs, derivatives in your ITR
The idea is to use it as a tax book while filing returns. However, instead of…
Finance Bill and the consequent MLD meltdown
The Lok Sabha on March 24 approved the Finance Bill, 2023 with several amendments. However, a…
Why is grandfathering exemption required in market linked debentures?
For a risk-averse investor who wants to invest in a debt security but with market-linked returns,…
High net worth individuals can give up market linked debentures
Any debt instrument held for less than 36 months attracts short-term capital gain (STCG) tax, unlike…