The MF industry has also urged the finance ministry to align the capital gains tax rates of debt MF schemes with that of ...
Most of the key expectations include addressing tax-related concerns. AMFI wants indexation benefits for debt funds to be ...
AMFI has also proposed that LTCG threshold in equity should be increased to Rs.2 lakh if holding period is between 1 and 3 years ...
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 ...
Investments made in debt mutual funds on or before March 31, 2023, are still subject to a 20% tax rate with indexation benefits for long-term capital gains (LTCG). How it affected investors The ...
LIVE Updates | The stock exchanges will also remain open on Saturday, February 1. The Finance Minister has been holding ...
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 ...
The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, ...
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.
Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...
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 ...