NISM 10B Investment Adviser Level 2 Notes
Page 43 Of 180
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Reverse Mortgage Taxation: Payments received are tax-free.
Mutual Fund SWP: Taxed as capital gains based on holding period.
Bond Taxation: Interest taxable, capital gains depend on holding period.
NPS Exit Options: Partial withdrawal, annuity purchase, or lump-sum.
APY Contribution: Fixed contributions based on desired pension amount.
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