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professional tax

Dec 15, 2019, 11.05 AM IST



How mutual fund investments are taxed

Indexation refers to recalculating the purchase price, after adjusting for inflation index, as published by the Income Tax authorities. Since the purchase price is adjusted for inflation, the capital gain gets reduced.

ELSS and IDFC Tax Advantage (ELSS) fund

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Income tax dept conducts search operations on stock brokers, traders across country

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