What is the tax rate for gains on Debt Mutual Funds in India ?
returns on debt mutual funds capital gains.
redeeming dept fund held > 1 year: ltcg
pay capital gain tax @ 10% ( without indexation ).
or
pay capital gain tax @ 20% ( indexation ).
whichever less.
indexed or inflated purchase cost = purchase cost x present index / purchase index
redeeming dept fund held < 1 year: stcg
returns added total income.
pay tax on capital gain @ personal tax rate applicable you.
hmt
what tax rate gains on debt mutual funds in india ?
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