Why You’ll Pay More Tax On Mutual Funds: Government Changed The Rules | Paisa Live

In this year's Budget, the Finance Ministry has made several changes to taxation rules. The Long-Term Capital Gains (LTCG) tax has been increased from 10% to 12.5%, and the Short-Term Capital Gains (STCG) tax has been raised from 15% to 20%. These changes will directly impact investors in mutual funds. The increased tax rates on capital gains mean that the returns from mutual fund investments will be subject to higher taxation, potentially reducing the net gains for investors. It is crucial for mutual fund investors to understand these new rules and adjust their investment strategies accordingly to manage their tax liabilities effectively. To know more watch the full video.