This video helps you to understand some math Tricks like #Rules of 72, Rules of 114 & Rules of 144. Please don't forget to share your valueable feedback.
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Learn how can one benefit by investing in Mutual Funds. With equity, debt, tax and hybrid funds, one can invest as per their requirement to achieve their goals. Watch this video and invest wisely.
Capital gains on sale of units due to merger of schemes As consolidation of schemes takes place, there is good news for investors. "Merger or consolidation of schemes in order to re-categorise existing schemes as per Sebi orders would not attract any capital gains tax, either short-term or long-term, in the hands of the investor. The government had already amended section 47 of the Income Tax Act to exempt the capital gains arising from the merger or consolidation of mutual fund schemes. with effect from April 1, 2016.. What this means is that when a scheme is merged, you will not be taxed on the long and short term gains you will make whenever you will sell the units.
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