Easy Office
LCI Learning

Income Tax on Debt Mutual Funds

This query is : Resolved 

12 March 2024 Hello,
Since the indexation benefit has been removed vide the Finance Bill, 2023, is the indexation benefit applicable to debt funds purchased before 1st April, 2023 and the gain taxable @ 20%?Or is it taxable @ 10%/the slab rates?

12 March 2024 it will be taxable at slab rates. this article should be helpful for different scenarios - https://cleartax.in/s/different-mutual-funds-taxed

12 March 2024 Understood. Thanks for the response.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query