Financial education is quite rare in India. With very few people knowing taxation, there are millions of people who have to deal with it without knowing. Having total knowledge about the taxation system and the other financial aspects is not required. But, the essential thing is to understand the common terminologies. In taxation, knowing the…Read More What are Different Terms Used in Taxation? Meaning of the Common Tax Terminologies
Mutual Funds (MF) are an important investment avenue for many investors. Equity MFs particularly have found favour with investors for their inflation-beating returns as well as being attractive investments as far as tax implications are concerned. Returns on mutual funds can be calculated in a number of ways; here are two common methods: Absolute Returns:…Read More How are Mutual Fund Returns Taxed?