Query of tax treatment of mutual funds, share sale

Mutual fund redemption

Capital gain = Redemption money received less indexed cost of aquisition. 

Tax Rate = 20% on capital gain.

Sale of shares:

if equity shares or unit of equity oriented fund is transferred and STT is paid, capital gain is exempt. 

Else calculate capital gain= sale value less brokerage commission less indexed cost of aquisition of shares

Tax rate on capital gain = 20%

You can also calculate capital gain without indexation for unit of mutual fund and listed securities and pay tax on capital gain @ 10%