Your Money: Debt mutual funds more tax efficient than bonds

[ad_1] By Joydeep Sen The salient aspect of taxation of bonds is that the coupon or interest on bonds / debentures is taxable as ‘other income’, which is taxable at your marginal slab rate. For most investors, the marginal slab rate is 30% plus surcharge and cess. Only a few investors would be at a […]

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