Hi,
As you know in case of NRIs, Bank FDs are tax exempted. I would like to know your expert opinion for NRIs bank FD or liquid fund is more beneficial in terms of overall gain? Here i am only talking about the options available to preserve the capital. I can't afford to lose the capital at any point of the time.
Will MF company deduct TDS at redemption ?
Thanks,
Rahul
1 Answers
Dear Rahul,
If safety of capital is your high priority then you may consider FDs only.
Yes, TDS is applicable.
Kindly read :
https://www.relakhs.com/mutual-funds-taxation-rules-capital-gains-tax-rates-on-mfs-fy-201516/
https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/
https://www.relakhs.com/best-arbitrage-funds-returns/
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