The prediction refers to Indian tax law changes (specifically regarding LTCG on debt/arbitrage funds) which were part of the Union Budget 2024-25. The claim that such funds are taxed at 12% after 2 years is factually incorrect under the current tax regime, which generally classifies these as debt-oriented funds taxed at the investor's slab rate, or subject to specific LTCG rules that do not align with a flat 12% rate for this specific asset class.