Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule
Summary
SEBI has recommended exempting mutual fund switches from capital gains tax if units are held for more than a year. Experts explain what switching means, how it is taxed under current rules, which transactions could qualify and how the proposal may benefit investors.
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Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule
SEBI has recommended exempting mutual fund switches from capital gains tax if units are held for more than a year. Experts explain what switching means, how it is taxed under current rules, which transactions could qualify and how the proposal may benefit investors.
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