Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains
Source: Live Mint This means that AIF income, previously treated as business income, will now be considered capital gains. While capital gains are taxed at 12.5%, the highest business income tax slab is 30%. The amendment is significant given that, according to data from the Securities and Exchange Board of India (Sebi), more than 1,400…