NISM 10B Investment Adviser Level 2 Notes
Page 88 Of 180
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FD Reinvestment: Interest taxable annually despite reinvestment.
Bond Stripping: No specific provisions; taxed as capital gains.
Debenture Conversion: Conversion to shares not taxable; gains on sale taxable.
ETF Taxation: Depends on underlying asset, e.g., gold or debt.
Mutual Fund SWP: Taxed as capital gains on each withdrawal.
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