Web9 apr. 2024 · After the amendments to the Finance Bill 2024, the fund which invests in other mutual funds will still be treated as debt funds for taxation. The gains will be taxed at … WebThe tax on STCG on debt mutual funds is calculated using the investor's income tax slab rate. In other words, the gains of the investor are added to their annual taxable income …
Indexation benefit on LTCG gone, should you still stay with debt …
Web19 jul. 2024 · Debt funds are type of mutual fund that invests shareholder’s money in fixed income securities such as bonds and treasury bills. A debt fund may invest in short-term … Web24 mrt. 2024 · This means that investments made in these debt mutual funds upto 31.3.2024 will get the benefit of the existing LTCG taxation regime. The intention appears to be to tax the gains arising on transfer, redemption or maturity of such debt mutual fund … breathe by priscilla shirer videos
ltcg tax benefit: No LTCG tax benefit on these debt mutual funds from
WebLTCG on equity funds were tax free in the hands of the investor till the fiscal year 2024-18. Effective April 2024, there is a tax of 11.648% (10% tax + 12% surcharge + 4% cess) on … Web27 feb. 2024 · Equity mutual funds do not have any indexation benefit. LTCG on Debt Funds: LTCG on debt funds held for over 36 months is taxable at 20% after indexation. … WebDebt Funds –These Mutual Funds are used to purchase debt instruments from the market. LTCG tax rate on Mutual Funds is 20% after indexation. Indexation is done … breathe by seinabo sey