It is an old saying that every cloud has a silver lining. The meltdown in India’s markets on account of the covid-19 outbreak has cut into the value of people’s mutual fund investments. However, on the positive side, this may have also lowered or even completely wiped out any taxable gains, allowing investors to make changes to their mutual fund portfolios without incurring income tax liability while doing so. According to experts, there are four such changes you can make in your portfolios in order to optimize your gains from any future recovery in the markets.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
Read More