In the Union Budget 2024, Finance Minister Nirmala Sitharaman unveiled significant modifications to the taxation guidelines ...

Any debt fund held for less than 3 years will be classified as short term capital gains for the purpose of taxation. Being classified as STCG or LTCG can make a bid difference to the taxation of ...

Investing in debt mutual funds for at least three years qualifies for long-term capital gains tax (LTCG) exemption. LTCG is applicable at a concessional rate of 20 per cent with indexation ...

When you talk about long term capital gains tax on mutual funds you talk about debt and equity separately. However, when it comes to equity funds, there are two phases of LTCG calculation.

Investments made before 31 March 2023 in the growth option of debt funds were eligible for indexation for long-term capital gains (LTCG) taxation (holding period of three years or more).

The taxation of mutual funds depends on the type of mutual fund (equity and debt) and the duration of the investment. In ...

The wishlist also includes a reduction in the securities transaction tax (STT), which was raised in the previous Budget. The ...

However, investments made in debt mutual funds on or before March 31, 2023, continue to be taxed at 20% with indexation benefits for long-term capital gains (LTCG). In the July 2024 budget ...

As per the proposed changes in the Finance Bill, investors in debt funds will have to pay tax according ... will continue to enjoy indexation and LTCG benefits. According to FY24’s Budget ...

Debt funds have been gaining traction from investors ... “This segment attracting such inflows despite LTCG being taken away in the previous month is a strong indication of what is lying ahead.