News From Press Will overseas funds see a revival after budget relief on capital gains tax?

Will overseas funds see a revival after budget relief on capital gains tax?

Source: Moneycontrol Jul 26, 2024

Indian mutual fund schemes that invest in overseas markets may again come back into focus after Budget 2024 changed the definition of ‘specified mutual funds’ for which long-term capital gains (LTCG) and indexation benefits were abruptly removed a year ago.

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