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 ...
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Union Budget 2024: AMFI expects FM Sitharaman to offer tax concessions in debt MF to exemption from LTCG taxleading to reduced net long-term capital gains (LTCG). It is important to note that the Budget 2023 eliminated the benefits of indexation for debt mutual funds acquired on or after April 1 ...
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