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Budget 2024 Hits Debt Mutual Funds With Whopping 40% Tax Hike | Indexation Impact | Neil Borate

Budget 2024: One big announcement in the union budget has hit debt mutual funds hard - the withdrawal of indexation. This because it means that tax on these funds will go up a whopping 40%. How exactly? Well, here's what the calculation looks like - Neil Borate explains #mutualfunds #investing #investment Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx...