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Filing Income-Tax Returns: 5 tax implications of mutual fund investments

If you are a  mutual fund investor, one of the important things to understand is the tax implications on your investments. Investment in mutual funds comes with various tax provisions. Thus, while investing in equity funds can carry tax saving benefits under Section 80C of the Income Tax Act along with the Long Term Capital Gains (LTCG) taxation, investing in debt funds come with indexation benefit. However, there is often confusion on mutual fund taxation. For example, many of us think that investments in all equity mutual fund are eligible…

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4 things that can help you decode returns from your investments

Photo: MorePixels The return we make on our investments is a vital data point in determining how our financial plan is progressing and making buying, selling and rebalancing choices. All these decisions may go wrong if that basic returns number is not evaluated and understood correctly. Here is what you need to know so that you interpret and use the information provided by the return numbers to further your investment plan. Look beyond the number What you see published as the return number may not be what your investment earned….

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University of Michigan Changes Conflict Rules for Investments

(Bloomberg) — The University of Michigan changed how its endowment’s advisory committee handles potential conflicts of interest and discontinued a fund that helped pay the salaries of the chief investment officer and his staff. The changes were announced Thursday at a board of regents meeting following a review of the policies and practices at the investment office, university public affairs spokesman Rick Fitzgerald said in a statement posted on its website. The school will require members of its investment committee, which advises the university on the management of its $11 billion endowment,…

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