How Equities Investment will be Effected
The positive news here is the continuation of exemption on long term capital gains. So the investors here relieved as they don't have to revise their plans due to DTC and can continue with their investments as planned. On the other hand ELSS Mutual Fund scheme's tax exemption will exit and they will be treated at par with other schemes in market with no tax exemption. Investors who are in search for Mutual Funds for tax exemption should consider this factor while investing.
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