Tax liablity of matual fund maturity
This query is : Open
19 August 2016
Sir,
Maturity of mutual fund is taxable or exempt of income tax for individual .
Maturity of mutual fund is taxable or exempt of income tax for individual .
19 August 2016
Dear Anju,
Maturity of equity mutual fund having a holding period exceeding 1 year and debt mutual fund with holding period more than 3 years are exempt on maturity.
Rest are taxable.
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