Now the debt will be taxed as per the tax slab. Tax rules were applicable on the lines of FD. After April 1, 2023, tax rules will be applicable only on debt investments. As such, it is important for you to know that after changes in the taxation rules, how should you invest in debt funds? Today on Money Guru, know whether fixed income is no longer attractive? Where to invest best in debt? What are the risks associated with debt funds?