On 24th March 2023, the Finance Minister proposed an amendment to the Finance Bill 2023, whereby she proposed that the long term capital gains tax benefit for non equity schemes be removed. As per the provisions of Income Tax Act before this amendment, long term capital gains (holding period of 36 months or more) in non equity schemes was taxed at 20% after allowing for indexation ben... https://investglobal.co.in/blog/7057