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LTCG on specified mutual funds, Income Tax

Issue Id: - 119629
Dated: 21-2-2025
By:- Ramkumar Mishra

LTCG on specified mutual funds

Contents

My age is over 60 and below 80. I have units of hybrid debt fund purchased in 2011. If I sell the units now whether I can avail indexation benefit? What will be the rate of tax on the gains? If my income including the gain on sale of units and after all applicable deductions (old tax regime) is below Rs. 5,00,000/-, will I still have to pay tax on the gain on sale of units? Thanks.

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