Budget 2024 tilts tax scale in favour of international mutual funds. Time to go global?

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.
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