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Several readers have queried about Fixed Maturity Plans (FMPs) and what the “double indexation” benefit means. Here’s an excellent explanation by Deepak:
1. Double indexation. The gains you make are indexed over two years (typical indexation rates are 5% a year) so that you make no gains according to the tax authorities. That involves buying, say, in March of one year and maturing in April of the next year.
Read the entire post.
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