Tax query: With the new capital gains tax regime adopted in Union Budget 2024, how will listed equity shares or stocks be taxed?

Tax query: With the new capital gains tax regime adopted in Union Budget 2024, how will listed equity shares or stocks be taxed?

In Union Budget 2024, there has been an increase in capital gains taxes for both short-term and long-term capital gains on different capital assets. Additionally, the holding periods for short-term and long-term capital gains have been adjusted in Union Budget 2024. With the new capital gains tax regime adopted in Union Budget 2024, how will … Read more

Investment in equity MFs surge 5-fold to Rs 94,151 crore in June quarter, total AUM jumps 59%: AMFI data 

Investment in equity MFs surge 5-fold to Rs 94,151 crore in June quarter, total AUM jumps 59%: AMFI data 

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago. This has also pushed the industry’s assets under management (AUM) by 59 percent to Rs 27.68 lakh crore in June from Rs 17.43 lakh crore a year ago, data from the … Read more