The Supreme Court ruled that Tiger Global’s gains from selling its Flipkart stake are taxable in India, applying GAAR and the substance-over-form principle. The verdict denies treaty benefits to sham structures, strengthens India’s anti–tax avoidance stance, and underscores the need to balance tax sovereignty with investor confidence.
Click to View MoreHybrid mutual funds invest in a mix of equity and debt to balance risk and return, offering smoother performance than pure equity funds and better return potential than pure debt products; their taxation depends on equity allocation, with equity-oriented hybrids enjoying lower capital gains tax, making them relatively tax-efficient. They suit beginners and moderate-risk investors seeking diversified, long-term wealth creation.
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