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budget2024

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Here is what we are doing to efficiently manage investments after accounting for the budget changes.The Positive impacts: – Investments in Gold funds qualify for LTCG (Long Term Capital Gain) at 12.5% after 2 years of holding. Gold is an important asset class in a globally uncertain environment and should have a 10-15% portfolio allocation.- International investments through mutual funds also qualify for LTCG at 12.5% after 2 years of holding. This is a big relief for…