As Union Budget 2025 approaches, Soumya Sarkar, Co-Founder of Wealth Redefine, has highlighted key taxation reforms needed to strengthen personal finance and mutual fund investments.
“The Association of Mutual Funds in India (AMFI) has proposed reinstating long-term indexation benefits for debt mutual funds, a move that would encourage retail participation in bond markets and enhance investor confidence,” Sarkar stated.
He also called for the introduction of pension-oriented mutual fund schemes with tax benefits similar to the National Pension Scheme (NPS). “This would provide individuals, especially in the unorganized sector, with more structured retirement planning options,” he added.
Sarkar emphasized that these changes would align taxation policies with market development goals and foster a more inclusive financial ecosystem, ensuring greater investor participation and long-term wealth creation.
With the Union Budget 2025 expected to shape the future of retail investment and retirement planning, the mutual fund industry is looking forward to policies that incentivize long-term investing and boost financial security for Indian investors.
