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
Satish Shenoy (Retired) (42 Points)
02 February 2025I 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
Wae Jing Lonthaw
(Others)
(345 Points)
Replied 05 February 2025
Basic Excemption is only for Salary income and not for LTCG tax as per CNBC Awaaz.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies