Dear sir,
My friend Invested INR 2000000/- and getting 14000/- per month as SWP(Systematic Withdrawal Plan).
1.Is withdrawal amount is taxable? Yes or No
2. If Yes How we calculate tax on withdrawal amount?
Pl. suggest.
Thanking You
Dear sir,
My friend Invested INR 2000000/- and getting 14000/- per month as SWP(Systematic Withdrawal Plan).
1.Is withdrawal amount is taxable? Yes or No
2. If Yes How we calculate tax on withdrawal amount?
Pl. suggest.
Thanking You