Bond-holders Can Still Make Capital Gains
It has been three good years for long-term bond-holders. They could make capital gains, with bond prices rising due to falling bond yields. Capital gains are taxable irrespective of whether you sell taxable or tax-free bonds. Short-term capital gains apply to sale of bonds within one year of purchase and the tax applicable is as per your tax slab. Long-term capital gains apply to sale after...
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