Govt To Scrap Long-Term Tax Benefit For Debt Mutual Funds: Report

BrunGa

Active member
Govt To Scrap Long-Term Tax Benefit For Debt Mutual Funds: Report Finance ministry is likely to bring in amendments to the Finance Bill 2023, removing the long term capital gains tax (LTCG) benefits available to such specified MFs. Currently, such mutual fund schemes attract 20 per cent LTCG with indexation benefits.
 
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