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How to working of shares & mutual fund , bonds ?

This query is : Resolved 

02 August 2016 Dear Sir,
What is the simple working format for Shares & Mutual Fund , Bonds, Income tax purpose?
which is taxable & which is not taxable ?




06 November 2016 Capital Gains Indian listed equity shares are tax free if held for more than 365 days. If held for less than 365 days, STCG tax of 15% is payable.

Same taxation applies for Equity oriented Mutual Funds.

Capital Gains on Debt Mutual Funds are taxed as per slab rates if sold before 3 years. If sold after 3 years, then 20% tax on capital gains using indexation.

For Bonds, capital gains is taxed as per slab rate if sold before 1 year. If sold after 1 year, then 10% tax without indexation or 20% tax with indexation.


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