Following fixed income schemes will be managed by Bhavesh Jain, in place of Rahul Totla as the latter resigned from the AMC.
The schemes include Edelweiss Liquid Fund, Edelweiss Ultra Short Term Bond Fund, Edelweiss Short Term Income Fund and Edelweiss Gilt Fund, Edelweiss MIP.
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Zero tax for foreigners, a tax on inflation for Indians
SEBI wants foreign investors freed from capital gains tax. The Indian saver who stayed while they sold still pays it on gains that are partly just inflation.
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