No LTCG tax benefit on these debt mutual funds from April 1 as govt proposes changes in Budget 2023

Currently, income tax laws allow taxation of these debt mutual fund schemes on the basis of a holding period. Short-term capital gains are taxed at tax rates applicable to your income. However, if the holding period exceeds 36 months, then gains are called long-term capital gains (LTCG). These long-term capital gains are taxed at 20% with an indexation benefit.

from Tax-Wealth-Economic Times https://ift.tt/uN7rATq