Some financial advisers have suggested mutual funds, whereas some suggested Ulips. While mutual funds are pure investment instruments, Ulips offer life insurance cover and investment. Since tax saving is not your concern and if you are willing to take risk on your investment, you may consider mutual funds. Capital gains• I want to invest in capital gains bonds to save tax arising from the sale of a residential property. Are capital gains bonds from NHAI/REC taxable after the 3-year lock-in period when the proceeds are withdrawn?
Source: The Telegraph April 01, 2018 20:03 UTC