Economics · Economy

Based on the capital gains tax framework applicable in India, which of the following combinations of statements is entirely accurate? Statement 1: For equity-oriented funds, the holding period for Long-Term Capital Gain (LTCG) is more than 12 months, and the tax rate is 12.5% on gains exceeding & #8377;1.25 lakh. Statement 2: For debt mutual funds acquired after April 1, 2023, capital gains are treated as short-term regardless of holding period and taxed at the investor's applicable income tax slab rate. Statement 3: Dividend Distribution Tax (DDT) is paid by the mutual fund at a flat rate, making all 'Income Distribution cum Capital Withdrawal' fully tax-free in the hands of the retail investor. Statement 4: Securities Transaction Tax (STT) is applicable at the rate of 0.001% at the time of redemption of units of an equity-oriented mutual fund scheme.