Please explain the Capital gain tax implications on mutual funds.
Thanks in advance☺
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Capital gain tax on mutual funds
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there is only special provision for equity oriented unit which is if STT is paid
LTCG exempt
STCG @ 15%
now same is amended by finance act 18 and exemption is upto 100000 rs..
. rest all units of mutual fund taxable normally
LTCG exempt
STCG @ 15%
now same is amended by finance act 18 and exemption is upto 100000 rs..
. rest all units of mutual fund taxable normally
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