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Options
-
None of the above
Correct answer
- B
Both A and B
- C
Only A
- D
Only B
Why this is the answer
Under the Finance Act of 2023, the growth option of debt funds is now taxed as short-term capital gains (STCG), regardless of the holding period. Thus, there is no benefit of indexation or tax exemption for long-term capital gains.
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