Don't let tax rate hikes disrupt wealth creation through equity funds

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Don't let tax rate hikes disrupt wealth creation through equity funds - Business Standard

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These, according to experts, are positives for bond mutual funds.“Quicker than expected fiscal consolidation, high quality of budget spend, narrowing of primary deficit, and focus on positive credit environment by extending credit guarantee to MSMEs (Micro, Small & Medium Enterprises) are measures that are supportive of lower inflation and improved macro fundamentals.

Why will people invest in gold funds, where they will get long-term capital gains treatment after 24 months when they can get it after 12 months in gold ETFs,” says Bala.

They will be taxed according to the rules mentioned above.> LTCG tax on equity funds increased from 10% to 12.5%; STCG tax from 15% to 20%; capital gains exemption threshold increased from Rs 1 lakh to Rs 1.