NISM 10B Investment Adviser Level 2 Notes

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  • Deep Discount Bonds: Difference between issue and redemption price taxable.
  • Market-Linked Debentures: Taxed as short-term gains post-2023.
  • Gold ETFs: Taxed as capital gains based on holding period.
  • Silver Funds: Similar tax treatment as gold ETFs.
  • International Securities Funds: Taxed based on underlying asset type.

NISM 10B NISM Investment Adviser Level 2

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