Long Term Capital Gains Tax Rate 2024 Trusts. Union budget 2024 has significantly overhauled capital gains tax on various assets, including mutual funds. Mutual fund taxation after budget 2024:

Exemption on ltcg has been increased from rs.1 lakh to rs.1.25 lakhs per annum. The capital gains tax treatment for various types of assets has been changed in the union budget 2024.