Thursday, January 22, 2015
Thursday, January 15, 2015
Tax 0n Debt Mutual Funds
Taxes on Debt Mutual Funds currently is
1. If holding period is less then 36 months then Marginal rate applicable to the investor.
2. If holding period is more then 36 months then the Tax is 20% after Indexation as LONG TERM CAPITAL Gains apply.
3. Dividend Distribution Tax on Debt fund is now 28.32%
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