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Income Tax on Debt Mutual Funds

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(Querist)
12 March 2024 Hello,
Since the indexation benefit has been removed vide the Finance Bill, 2023, is the indexation benefit applicable to debt funds purchased before 1st April, 2023 and the gain taxable @ 20%?Or is it taxable @ 10%/the slab rates?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
12 March 2024 it will be taxable at slab rates. this article should be helpful for different scenarios - https://cleartax.in/s/different-mutual-funds-taxed
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Amshumali Sharman

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Amshumali Sharman (Querist)
12 March 2024 Understood. Thanks for the response.
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