New capital gains tax after Budget 2024: STCG, LTCG rates on equity, debt MFs, ETFs, gold funds; latest mutual fund tax rules
Budget 2024 has hiked capital gains taxes — short-term capital gain (STCG) and long-term capital gain (LTCG) — on various capital assets. Further, Union Budget 2024 has also rationalised holding periods of short-term and long-term capital gains. This move will impact your mutual fund (MF) investments as well. Mutual fund taxation rules have seen many