News From Press Budget 2025: Why MF industry's top wish is tax relief for debt funds

Budget 2025: Why MF industry's top wish is tax relief for debt funds

Source: Business Standard Jan 9, 2025

AMFI has released a 15-point proposal for the Union Budget for the financial year 2025-26. It includes requests for the restoration of the long-term indexation benefit for debt schemes, which was removed in the Budget 2024, reinstatement of earlier tax rates on capital gains, and amendment of the definition of equity oriented funds to include fund of funds investing in equity overseas funds.

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