‘Debt funds won’t be taxed…’ Deepak Shenoy explains taxation proposed under New Income Tax Bill 2025

‘Debt funds won’t be taxed…’ Deepak Shenoy explains taxation proposed under New Income Tax Bill 2025

Ahead of the introduction of new Income Tax Bill in the Lok Sabha on Thursday, Deepak Shenoy, Founder, Capital Mind, explained the proposed bill, which would replace the Income Tax Bill, 1961, does not make debt funds taxed as long-term capital gains. He noted that all gains from debt funds is only short-term capital gain. … Read more

Tax Query: How taxes are computed on new fund offers (NFOs)? Is there are change introduced in Union Budget 2024?

Tax Query: How taxes are computed on new fund offers (NFOs)? Is there are change introduced in Union Budget 2024?

I am 45 and I have invested in 5 new fund offers in July and August. How are NFOs taxed? Is there are changes introduced in Union Budget 2024? Name withheld on request How much tax do I have to pay? Calculate now Reply by CA (Dr.) Suresh Surana The taxation of NFOs, like other … Read more