Tax on debt investment in 2019: Here’re the applicable taxes on various instruments
The various debt-oriented investment options available in the market such as bank fixed deposits, recurring deposits, post office savings scheme, national savings certificate, debt-oriented mutual funds attract DDT is paid by the enterprise which is issuing the dividends. | Photo Credit: Representative Image New Delhi: Individuals select the investment options on the basis of their respective objectives, risk-taking capacity and the benefits offered by an investment scheme, be it a debt-related investment option or an equity-oriented investment option. The taxation on different types of debt instruments varies on the basis of specifications…
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