As countdown to the much awaited Budget begins, investors and corporates look up for any relief or change in taxation. Many believe, this being the last full-fledged budget of the central government, it may eventually turn out to be a populist budget. Union Budget 2018 will also be a first after the implementation of Goods and Services Tax (GST). Also, with the stock markets witnessing a phenomenal rise in the last many months, equity investment has gained momentum. The demonetisation exercise leading to a fall in Fixed Deposit interest rates also diverted many towards the Mutual Funds route. Meanwhile, growing in confidence and volume, the sector in India expects sops by the government for mutual fund retirement plans.
Gold and overseas exchange-traded funds likely to get the tax edge
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