There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on ...

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 ...

The Finance Bill 2023 removed the indexation benefit and long-term capital gain (LTCG) that investors in debt mutual funds received, if they held these funds for more than three years. With the ...

LTCG on debt MF were taxed at 20% with indexation benefit or 10% sans indexation, and short-term capital gains (STCG) (holding period up to three years) were taxed at I-T slab rates. Debt funds ...

The Association of Mutual Funds in India (AMFI) has outlined key proposals ahead of Budget 2025, aimed at reviving investor ...

Taxation on mutual funds depends on the type (debt, equity or hybrid), holding period, and capital gains. Equity funds offer ...

At present, LTCG tax is applicable to gains exceeding Rs 1.25 lakh from the sale of listed shares and equity mutual funds.

Debt funds: The AMFI has also demanded that capital ... notified as specified long-term assets qualifying for exemption on LTCG under section 54EC. The other proposals include further simplifying ...

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

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 ...

The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, aligning it with the rate applicable to listed bonds ...