03/02/2018
10% TAX ON EQUITY MF
A coffee jar is lying on the table with 20% extra boldly written on it, that set me thinking. Do I buy that coffee because it is coffee or because it is 20% extra? Now the promotional offer is off and will I stop buying coffee? It is just that if I like coffee, I will rather buy 20% more. Same is with investing in Equity funds, Govt stopped promotional offer and if I buy for more earning potential, I will factor in taxation and buy more accordingly. Just because I have to pay Income Tax, it doesn't stop me from generating income.
Happy Investing..