Alternative to debt mutual funds: From FY 2023-24 (April 1, 2023), the rules for taxation for debt mutual funds were revised. The government removed the benefit of LTCG indexation benefit at the time of sale of debt mutual funds. However, there are still two mutual fund schemes that are tax efficient and offer debt mutual fund like returns.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.