banner_ad

Mf- tax on distributable income?

Others 347 views 3 replies
Hi, I was referring the tax reckoner on birlasunlife mutual funds website and it says "Tax on distributed income (payable by the scheme) rates Equity oriented schemes Nil". Does this mean that for equity oriented schemes, mutual fund will not deduct tax before payment of dividend?
Replies (3)

Yes, when paid to unit holders; as DDT liability is over asset company. For equity oriented funds it is nil, so no tax deducted before the distribution.

DDT is not paid incase of Money mkt & liquid schemes/ Debt Schemes?

It is mentioned "Tax on distributed income (payable by the scheme) rates , Money market and Liquid schemes , 25% + 12% Surcharge + 3% Cess= 28.84%"

Yes, The DDT is to be paid by asset company as applicable to the debt fund, but for unit holders it is taxfree (whatever be the scheme).


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details