The fall of the last frontier
After the fall of zero-coupon bonds and MLDs, debt mutual funds were the last remaining product that offered a tax efficient way of investing in debt instruments. This last frontier has now fallen!
Budget 2023 increased taxes on market-linked debentures. What should you do if you hold them?
For long, there has been a quest to convert interest income to capital gains when investing in debt products. First zero-coupon bonds, and until recently MLDs, provided such avenues. The 2002 CBDT circular and Finance Bill 2023 has closed these avenues. The Union...
The Indian Economy: From Fledging its Wings to now Spreading it
My reminiscences after hearing the talk delivered by the Chief Economic Adviser to the Government of India at a recent CFA Society India event
Webinar Alert: Market Linked Debentures (MLDs) and Budget 2023 – What Next?
Register asap for our limited-seats webinar on Market Linked Debentures (MLDs)
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