Disclaimer: Nothing mentioned in this article constitutes tax advice. Tax laws are subject to frequent amendments. Please consult a Chartered Accountant or tax professional for personalised guidance. Understanding capital gains tax is crucial for every Indian investor. Whether you're booking profits from mutual funds, selling shares, or disposing of property, the taxman takes a cut. However, with strategic planning, you can significantly reduce your tax outgo. Here's your comprehensive guide to capital gains tax in India and proven tricks to keep more money in your pocket. Capital Gains Tax on Mutual Funds Equity Mutual Funds (Equity exposure >65%) Short-Term Capital Gains (STCG): If you sell within 12 months, gains are taxed at 20% (as per the latest 2024 Budget changes). This applies to both equity-oriented mutual funds and direct stock investments. Long-Term Capital Gains (LTCG): For holdings exceeding 12 months, the first ₹1.25 lakh of gains i...
At a critical juncture in India's economic development, the Union Finance Minister unveiled the Union Budget of India for the fiscal year 2025–2026 on February 1, 2025. The Indian Union Budget is a democratic covenant, not just a financial statement. Every year, it reinforces obligations to 1.4 billion inhabitants, redistributes opportunities, and explains the country's economic ideology. Although headline numbers from a particular fiscal year are frequently the focus of public discourse, the budget's actual significance is found in its continuance. How each iteration promotes India's long-term goals, builds on decades of institutional learning, and responds to new difficulties. India's fiscal policy for the upcoming year aims to strike a balance between aggressive growth and disciplined budget consolidation as the world economy struggles with shifting geopolitical alliances and the quick development of artificial intelligence. Infrastructure, digital transformati...