Long term gain on debt mutual fund

Tax planning 160 views 1 replies

I am a resident Indian, and I have incurred long term capital gain tax on debt mutual funds.

Capital gain tax value with indexation( @ 20%) in higher than without indexation ( @ 10%)

 

As a resident Indian Can I choose to pay tax without indexation?

Or this option is only available to non resident Indian.

 

 

 

Replies (1)
"As a resident Indian Can I choose to pay tax without indexation?"
 
No. For Debt MF LTCG only 20% with indexation, that is the option available


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