Last Updated:February 19, 2025, 07:00 IST In Union Budget 2024, Nirmala Sitharaman, the finance minister of India, announced that the long-term capital gains (LTCG) on gold ETFs would be taxed at a flat 12.5 per cent rate without indexation if held for just 12 months. Earlier, LTCG on gold ETFs were…Read More Gold ETFs aim
The Union Budget 2024-25 has completely overhauled the capital gains tax framework. Some measures may hurt badly. Homeowners will no longer get the indexation benefit on sale of property, while gains on sale of stocks and equity funds will now attract a higher tax. However, the Budget offers some sops as well. The exemption limit
The budget shocked investors with a change in capital gain structure but gave a relief to those investing in international funds. Finance Minister Nirmala Sitharaman announced a change in holding period, LTCG tax rate while keeping STCG tax rate unchanged for overseas FoFs (international funds), gold mutual funds, and equity FoFs.The holding period for equity