Reliance Mutual Fund has announced the roll over in it's two funds: Reliance FHF XXV Series 24 was suppose to mature on April 10, 2017 will now close on April 2, 2018. Reliance Dual Advantage FTF V Plan F was suppose to mature on April 10, 2017 will now close on May 8, 2017.
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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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