Not to worry about LTCG on equity & equity schemes in MF.
In Union Budget 2018 FM has proposed come back of LTCG on equity @ 10% without indexation. Also 10% DDT is applicable on div distribution in equity funds. Today’s market is looking panic on that regards and big question is that is this hurting the Investment portfolio?
Gavernment has already secured your long term capital gains by grandfatherlng 31st Jan 2018 for calculating LTCG on redeemtion of units / selling of stocks after 1 Apr 2018.… Read the rest
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