Simplifying Taxes
It was great reading your SIP edition (Issue No.19). One of the complex things for me was to understand how taxation works in case of mutual funds as there are different kind of funds and their durations also different. Your story made it simple to understand. Also, the story on how SIP works gave me utmost clarity on SIPs. I wish if you would also cover lumpsum investment.
- Abhishek Sharma
Editor Responds: Thank you for writing to us. We have noted your suggestion and will try to cover it in one of our future edition.