"We anticipate a Union Budget that prioritizes investor confidence and deepens participation in mutual funds by addressing key tax-related concerns. We look forward to a progressive budget that reinforces mutual funds as a pillar of economic development and investor wealth creation," Venkat Chalasani, Chief Executive, AMFI said.
The key suggestions given by the AMFI include reinstating indexation benefits for long-term capital gains on debt mutual funds withdrawn in Budget 2024.
It also seeks rollback of the increased tax rates on short-term and long-term capital gains to their previous levels of 15 percent and 10 percent, respectively.
Denne historien er fra January 07, 2025-utgaven av The Statesman Delhi.
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Denne historien er fra January 07, 2025-utgaven av The Statesman Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India's digital economy to grow twice as fast as overall economy
The Ministry of Electronics and Information Technology (MeitY), in a report, said India's digital economy is poised to grow nearly twice as fast as the overall economy.
India always open to legitimate return of undocumented Indians: Jaishankar
Clarifying India's stance, External Affairs Minister S Jaishankar said that New Delhi is open to the \"legitimate return\" of Indian nationals living illegally abroad, including in the United States.
Mohammed Shami returns 'stronger' after injury lay-off
He was forced to miss the crucial Border Gavaskar Trophy against Australia due to injury, but star India pacer Mohammed Shami has taken the setback in his stride, asserting that such experiences help athletes to \"grow stronger\".
1st T20I: Arshdeep shows way as Indian bowlers torment England
Left-arm pacer ends Yuzvendra Chahal's reign as leading men's T20I wicket-taker for India
Steel and cement cos to ramp up production, future looks promising for refractory business
A mechanical engineer by profession, he has more than 3 decades of extensive experience serving the steel and refractory industry.
The Physics of Relationships
There are striking similarities between how elementary particles come together to form atoms, molecules and eventually various materials and how a family, a village and then a society is established from a collection of people.
Army Hospital (R&R) performs India's first LVAD implant
Army Hospital (Research & Referral) has created history by successfully performing India's first-ever Left Ventricular Assist Device (LVAD) implantation using the HeartMate 3 device in a government institution.
Sukhu for Timely Execution of Public Welfare Projects
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu stressed on timely execution of works and quality services for public welfare.
Ambedkar, Constitution hog political discourse in Bihar
In an apparent move to counter the Congress party's campaign focused on the Constitution of India and Dr Bhimrao Ambedkar, the Bihar unit of the BJP has launched the Samvidhan Gaurav Abhiyan.
16 states, 10 ministries to showcase India's rich heritage at R-Day parade
In a grand display of India's cultural richness and developmental strides, 16 States/Union Territories (UTs) and 10 Ministries/Departments of the Union Government will showcase their vibrant tableaux at the 76th Republic Day Parade on Kartavya Path.
