News From Press Gold and overseas exchange-traded funds likely to get the tax edge

Gold and overseas exchange-traded funds likely to get the tax edge

Source: Business Standard 3 hours ago

The change in taxation on investment products, as announced in the Budget, has seemingly given an edge to commodity and international exchange-traded funds (ETFs). According to the new rules, the minimum holding period to qualify for long-term capital gains (LTCG) taxation is 12 months for assets listed on the stock exchanges.

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