The introduction of a 10% tax on long-term capital gains for sale of equity shares and Mutual Funds in this year’s budget has received mixed reactions so far. Read on to know if you should remain invested in Mutual Funds post this announcement.
The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation on Wednesday decided to slash the interest rate for 2017-18 to 8.55% from the earlier 8.65%.