Tag: indexation benefit

Debt funds held over 3 years to no longer enjoy indexation benefit, long-term capital gains set to go

In a setback for debt mutual funds, the government has proposed in Finance Bill that investment in mutual fund where not more than 35 percent is invested in equity shares of Indian company will now be deemed to be short-term capital gains. This will apply to investments made on or after April 1, 2023. Also, […]

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