What is Current Taxation of 100 % Debt Mutual Funds (acquired before (31-3-2024)?

Tax queries 60 views 1 replies

I had acquired a domestic mutual fund as follows:

I) 

a) underlying 100% debt (Bharat Bonds)

b) Domestic Mutiual Fund

c) ACquired on 15-10-2020.

 

(II) Taxibility in FY 2024 -25 

If I  sold on 10-12-2024  

a) Will it be Long term?

b) Will the rate of taxibility be 12% OR WILL IT BE THE SLAB RATE?

 

tHANKS

 

gOPAL 

 

Replies (1)

Long term taxable at slab rate.


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