Planning to redeem MFs? AY 2025-26 tax rules may hit your returns
A slew of tax changes, effective from 23.07.2024, has altered how your mutual fund gains will be taxed in Assessment Year (AY) 2025-26.
Tag: mutual fund
Budget 2025: What mutual fund industry expects from finance minister?
The mutual fund industry has presented its wishlist for Union Budget 2025-26, which includes proposals for earlier tax rates on capital gains, restoration of long-term indexation benefit for debt mutual funds, and mutual funds should be allowed to launch pension-oriented MF schemes (MFLRS) with uniform tax treatment as NPS.
Budget 2025: Why MF industry’s top wish is tax relief for debt funds
The Association of Mutual Funds in India (AMFI) has released a 15-point proposal for the Union Budget for the financial year 2025-26. It includes requests for the restoration of the long-term indexation benefit for debt schemes, which was removed in the Budget 2024, reinstatement of earlier tax rates on capital gains, and amendment of the definition of equity oriented funds to include fund of funds investing in equity overseas funds.
Tax evasion probe against insurers, MFs widened
Tax authorities have widened an ongoing probe against a few financial-sector companies including insurers and mutual funds, for alleged tax…