Web2 days ago · So, equity investors will continue paying taxes at the earlier rates in the fiscal year 2024-24 as it is in the fiscal year 2024-23. The current regime taxes long-term capital gains at 10% with a basic exemption of INR 1,00,000 while short-term capital gains are taxed at 15% and this will continue. The conversion of physical gold to Electronic ... WebJul 31, 2024 · Some are hedge funds - most commonly private equity funds. The fund's managers do a whole bunch of things - taking in money, finding investments for the money, managing the assets that the fund ...
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WebDec 21, 2024 · FoF’s are taxed like debt funds with a long-term holding period of 3 years even if it is an Equity-oriented fund. When you invest in a mutual fund scheme, it is important to make sure... WebApr 9, 2024 · After the amendments to the Finance Bill 2024, the fund which invests in other mutual funds will still be treated as debt funds for taxation. The gains will be taxed at … ray of life ftd
Funds of Funds - Features, Types, Taxation & List of Best FOFs …
WebJan 5, 2024 · The equity component of hybrid funds is taxed like a pure equity fund, while the debt component is taxed like a pure debt fund. STCG from the equity portion: taxed at 15% LTCG above ₹1 lakh is taxed at 10% without indexation STCG from the debt portion is taxed per your slab rate LTCG is taxed at 10% without indexation or 20% with indexation 6. WebMar 24, 2024 · As of March 2024, the Indian mutual funds industry had total AUM worth ₹21.36 trillion, of which 3.8% were managed passively, said the report. The Finance Bill 2024 with 64 official amendments,... WebJan 6, 2024 · Short Term Capital Gain for Equity Funds. Short term capital gain tax on equity fund is applicable @15%. That means, if you redeem the equity fund before completion of one year holding period, you will have to pay a tax of 15% on the capital gain. Here’s an example: Let’s say you invest 1,00,000 in an equity fund. ray of ice