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Taxation: Homi Mistry
I have invested in one of Fidelity Mutual Fund’s scheme. Since the company is selling its India business, I can exit the investment. If I do so, how will my tax liability work out?
Sale of mutual fund (MF) units has capital gains tax implications. If the units of MF have been held by you for up to 12 months, then the sale of such units would be liable to short-term capital gains tax. If the units
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