The late Finance Minister, Mr. Arun Jaitley, reintroduced the long-term capital gains tax in the Union Budget 2018. Previously, capital gains on equity investments were tax-free if held for a year or longer before redemption. Indeed, mutual fund gains are currently taxable. Even if you cannot avoid taxes entirely, there is a way to reduce… Continue reading How to Save Taxes for Long Term by Investing in Mutual Funds?