Not a rupee hit my bank account, Why I have to pay LTCG or STCG Taxes?
Explanation: It might seem counterintuitive, but let’s break down why taxes are incurred when you switch from one mutual fund to another. The Illusion of No Money Movement While it’s true that no physical cash changes hands when you switch between funds within the same fund house, a significant financial transaction occurs behind the scenes: Read more: Not a rupee hit my bank account, Why I have to pay LTCG or STCG Taxes?..