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How are the new-age card-based Reliance funds taxed?

Dhirendra Kumar says that the regular debt fund taxation rules will apply to these funds

I invested in Reliance Treasury Fund which has an ATM card that allows me to invest and redeem funds within short periods. I am putting money in it and redeeming money regularly. My question is what would be my tax liability? Would the gain on those funds be added to my income or taxed at a flat rate? I am not currently within a taxable slab.

This article was originally published on September 07, 2017.


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