It is only available to central government employee with 3yr lock in period and it cannot be partially withdraw like tier1 as the investment in tier 2 does not carry fixed rate of return it doesn't tax under income from other sources it is calculated as the difference between NAV of purchase date and redemption date has to be multiplied by the number of units used for redemption to arrive at the profit on realised on redemptions the investment become long term if the unit holds 36 months or more and taxed as of lgct and if hold for less than or redeemed before 36 months then it is treated as short term the answer is on purely research basis as no law yet comes for it it calculate as this
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