One of the major suggestions before this budget comes from the Association of Mutual Funds in India (AMFI), which has proposed to align the tax treatment of loan mutual funds with listed bonds.
The AMFI recommends 12.5% ​​tax on benefits from a loan mutual funds conducted for more than 12 months. Currently, all benefits on the specified loan fund are classified as short -term, resulting in high tax rates.
As a view of Budget 2025, here is a look at the current capital profit tax structure.
Short -term capital benefit (STCG)
Equity investment
Lasted equity shares and equity-oriented mutual funds are taxed at 20% (increased by last 15%).
other assets
For assets such as real estate, bonds and shares held for less than 24 months, the benefit is levied on the benefit of the person’s income tax slab rate.
Long term capital gains (ltcg)
Equity investment
Taxes are levied at 12.5% ​​annually at a profit of more than ₹ 1.25 lakh annually on long-term benefits from equity shares, equity-oriented mutual funds and business trust units held for more than 12 months.
The exemption limit in the budget of 2024 was increased from ₹ 1 lakh to ₹ 1.25 lakh.
other assets
Organized for more than 24 months for real estate, bonds and other non-financial assets:
The benefit is made at 12.5% ​​without index benefits.
For assets obtained before July 23, 2024, taxpayers have an option:
- 12.5% ​​tax rate without index, or
- 20% tax rate with index.
Holding period
The difference between the age group is as follows:
- 12 months for listed securities.
- 24 months for other assets including real estate.
Real estate profit
If the property is held for more than 24 months (less than 36 months), long -term capital gains apply.
Discount
The exemption remains for residential assets, agricultural land, specific bonds (NHAI, REC), SEZ and eligible start-ups.
first published: January 28, 2025 3:35 pm First
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