The 2024 Budget introduced changes to the tax structure, reducing the holding period for equity, overseas, and gold mutual funds from more than 36 months to more than 24 months. The long-term capital gains tax rate was also lowered to 12.5%. This made these funds more attractive, though Sebi halted new overseas ETF subscriptions due to investment limits.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.