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Mutual funds are a better investment option than stocks from a tax point of view; know why

By Economic Times - 2 months ago
The single most important point to be noted is that it’s far more beneficial, from a tax point of view, to invest in mutual funds than stocks. While this has been true since February 2018, the hike in long-term capital gains tax in this year’s Budget has made it that much more important. In any case, even earlier, many investors did not appreciate this about taxation.

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