What is the tax rate for gains on Debt Mutual Funds in India ?



What is the tax rate for gains on Debt Mutual Funds in India ?
Is Dividend from Debt Mutual fund also taxable ?

What is the tax rate for gains on Debt Mutual Funds in India ?
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One Reply to “What is the tax rate for gains on Debt Mutual Funds in India ?”

  1. Returns on Debt Mutual Funds are capital gains.

    Redeeming a Dept Fund held for > 1 year: LTCG

    You pay capital gain tax @ 10% ( without indexation ).
    Or
    You pay capital gain tax @ 20% ( with indexation ).
    Whichever is less.
    Indexed or inflated purchase cost = Purchase Cost X Present Index / Purchase Index

    Redeeming a Dept Fund held for < 1 year: STCGReturns are added to your total income. You pay tax on capital gain at the personal tax rate applicable to you.HMT





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