Debt fund taxation change
WebMar 27, 2024 · The proposed changes in the taxation of debt mutual funds will be tolled into effect from 1st April 2024 and which will bring them in line with FDs and NCDs. The … WebThe recent change in taxation for debt mutual funds and other categories of funds, making them lose their long-term capital gain status and taxed like FDs, h...
Debt fund taxation change
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WebNov 10, 2024 · However, for the holding period of more than 3 years, while FD taxation remains the same, the Debt Funds taxation rules change. That is because Debt Fund gains are classified as Capital Gains and the rules for Capital Gains are different for different holding periods. WebApr 6, 2024 · The new debt fund tax is unfavourable but not a huge deterrent. 06-Apr-2024 • Dhirendra Kumar. The new deal on the taxation of debt funds and some other types is a mixed bag. There's good news in the changes, and there's some bad news too. Or rather, there's neutral news and some bad news. I'm not saying good news because higher …
WebMar 25, 2024 · The changes are part of the Finance Bill 2024 which was passed by the Lok Sabha on Friday. Until March 31, earnings from debt mutual funds held for over three years are assessed as long-term capital gains. They’re taxed at 20 per cent along with indexation or 10 per cent without indexation. Mutual funds held for less than three years … WebMar 24, 2024 · In this category, there is no change in taxation. They are taxed like equity funds. If your holding period is less than a year, then STCG is applicable and taxed at 15%. However, if your holding period is more than 1 year, then LTCG is applicable and taxed at 10% (over and above the aggregated long-term capital gain of Rs.1 Lakh).
Web2 days ago · Updated: 11 Apr 2024, 11:07 PM IST Ravi Saraogi. Why tax arbitrage argument is not valid for the change in debt fund taxation. The case that the tax change was done to remove the tax arbitrage ... WebApr 2, 2024 · The taxation of debt mutual funds will change, starting April 1, 2024. For the debt mutual fund investments made until March 31, 2024: Your holding period decides how you are taxed. The short-term capital gains (holding period <= 3 years) on debt mutual funds are taxed at your marginal tax rate.
Web2 days ago · The withdrawals of the schemes came as investor focus shifted to existing debt funds after the government introduced changes to the mutual fund taxation in the Finance Bill. Moneycontrol PF Team ...
WebApr 2, 2024 · In effect, the implications of the changed debt fund tax regime would no longer be applicable to Quant Dynamic Asset Allocation Fund, thanks to this change. … pixma 3060 setupWebMar 31, 2024 · Starting from April 1, capital gains made on debt mutual funds, exchange-traded funds (ETFs), international funds, gold funds, and certain categories of hybrid funds — schemes that invest less than 35 per cent in Indian equities — will be added to your income and taxed at the slab rate applicable to you. You will no longer enjoy the … pixley jacketWebMar 24, 2024 · What do the changes essentially mean? As of now, debt mutual funds are treated as long-term investments if held for more than 3 years and taxed at the rate of 20 … pixlli 512xWebJan 16, 2024 · Twenty-one states had an average tax debt that fell below the national average; the average tax debt in New Mexico was the lowest ($13,878), followed by … banjo bula adaparWebMar 31, 2024 · Are you holding debt funds in your investment portfolio? If so, it's important to be aware that the taxation of debt mutual funds will be changing from April 1st, 2024. This change,... banjo bunny gamesWebMar 25, 2024 · Basically, from or after April 1, 2024, investments made in debt mutual funds (where the equity part of the mutual fund scheme does not exceed 35%) will be subject … banjo bunnyWebThe latest amendment has extended the taxation tweak to entire debt mutual funds. The latest proposal however will impact the investors in debt funds from April 1, 2024. … banjo burger