I am a senior citizen with income only from Income Mutual Fund LTCG. The Income Mutual Funds are purchased before 01 April 2023.
Does budget 2025 provide Basic Exemption of ₹4Lakhs on Income Mutual Fund LTCG?
Thanks
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Basic Exemption and LTCG
Replies (4)
Yes....
Thank you for your prompt reply.
You are welcome.
Basic Excemption is only for Salary income and not for LTCG tax as per CNBC Awaaz.
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