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Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule

Mutual fund switching may become tax-free: Experts explain SEBI proposal and what could change in capital gains tax rule

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SEBI has recommended exempting mutual fund switches from capital gains tax if units are held for more than a year. Experts explain what switching means, how it is taxed under current rules, which transactions could qualify and how the proposal may benefit investors.

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