News From Press Union Budget 2023-24: Advantage MFs after tax blow on MLDs, insurance

Union Budget 2023-24: Advantage MFs after tax blow on MLDs, insurance

Source: Business Standard Feb 3, 2023

The Rs 40-trillion mutual fund (MF) industry is expected to benefit from stripping tax advantages off high-ticket insurance products and market-linked debentures (MLDs) in the latest Budget.

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