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  • News From Press Mutual funds are a better investment option than stocks from a tax point of view; know why

    Mutual funds are a better investment option than stocks from a tax point of view; know why

    Source: ET Wealth Aug 12, 2024

    Even though the newly proposed tax on property sales is being reduced, the long-term capital gains tax on stocks and mutual funds stays. It has been seven years since this tax was introduced and the only change has been the rate increase from 10% to 12.5% this year. This is now the uniform rate not just for stocks and equity funds, but for many other types of investments. However, this is where the similarity ends. For investors who want to earn long-term returns and build real wealth through eq .. 

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