ULIP equity-linked MF dividends to be taxed under DTC

Last updated: 01 September 2010


ULIP, equity-linked MF dividends to be taxed under DTC Investment in equity-linked mutual fund schemes and ULIPs will now be less profitable for investors, with the government proposing to levy a 5 per cent tax on the dividend paid by these entities. The mutual fund or the life in

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