POSTED BY July 12, 2014 7:13 pm COMMENTS (2)ON
The period for exemption on LTCG on mutual funds has been increased to 3 years from the earlier 1 year. Should this be or does it apply to investments made after April 1, 2014 only because i held on to my earlier investment even after one year as i was of the view that it would be exempt. if one had known that the period would be increased then i would have sold my funds last month when markets were at the peak.
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