If I provide outbound link to a similar niche website with do-follow tag, that website will sure be benefitted but will it harm my website in any ways ?
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See also: How is my SEO affected if I make all outbound links on my website rel=nofollow? and What needs to be done to user generated outbound links to prevent hurting SEO? – Stephen Ostermiller♦ Jun 19 at 9:48
