One Reply to “IF WE WITHDRAW COMPLETE AMOUNT FROM MUTUAL FUND IN SIP MODE HOW MUCH TAX WE HAVE TO PAY AT WITHDRAWAL?”

  1. Since every monthly installment is cost of acquisition and withdrawal as sale proceeds. You have to see how much units were older than 12 months at the time of withdrawl. Profit on all such units is taxfree as long term capital gain. Remaining gains is for units withdrawl within 12 months of purchase and there fore any profit on them is taxable as short term capital gain at the rate of 15%. You may consider basic exemption for saving tax on this short term capital gain.





Leave a Reply to SANTOSH KUMAR Cancel reply

Your email address will not be published. Required fields are marked *

12 − five =