Why you should switch out of dividend plans of mutual funds | Why Not Mint Money
Updated: 06 Feb 2020, 10:24 AM IST
Livemint Budget 2020 has abolished dividend distribution ta... moreBudget 2020 has abolished dividend distribution tax on dividends of mutual funds. It has made dividends taxable at slab rate in the hands of investors. However, this will lead to higher tax burden on investors in all but the lowest tax slabs. Mint explains how and what you can do about it.
