Section 80C Deductions v. Capital Gains Additions: Know the Differences in Mutual Fund Taxation

According to the Union Budget 2023, there will be no indexation benefit for debt funds effective from April 1, 2023
Section 80C Deductions - Capital Gains - Differences - Mutual Fund Taxation - taxscan

Understanding how mutual fund taxes work is crucial for investors. When you sell equity-oriented mutual fund units held for less than one year, the capital gains are deemed short-term and are taxed at your regular income tax rate. However, if you hold the units for more than a year in an equity fund, the gains…

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