Fixed Maturity Plans
Old Tax Norms Apply to Older FMPs
The redemption proceeds on FMPs which matured prior to July 10, 2014 will be taxed as per the old taxation norms...
Change in Debt Fund Taxation
After this year's budget, gains on debt fund investments held for less than 3 years will be taxed as short-term capital gains...
Extending FMP Period
Extend the period of your FMP if you don't need the money so as to save on taxes ...
Changed Tenures of FMPs
AMCs have extended the tenures of existing FMPs to ease investors from the tax burdens due to changes in the tax laws...

Fixed Maturity Plans  |  Other NFOs