Mutual Fund Taxation Rules | Finance Act 2012

Here is the tax rates you need to know if you're a mutual fund investor.

 

 



 

Tax Rates as per finance act 2012

Equity Scheme

 Short Term Capital Gains Tax (holding period < = 12 months)Long Term Capital Gains Tax (holding Period > 12 months)Securities Transaction TaxDividend Distribution Tax**
 
Resident Individual/HUF#
 
15.45%Nil0.25%Nil
 
Domestic Company*
 
16.223%Nil0.25%Nil
 
Non-Resident Individual#
 
TDS – 15.45%##TDS – Nil0.25%Nil
Non-equity Scheme
 Short Term Capital Gains Tax (holding period < = 12 months)Long Term Capital Gains Tax (holding Period > 12 months)Securities Transaction TaxDividend Distribution Tax**
Resident Individual/HUF#As per slab ratesWith Indexation – 20.60%
Without Indexation – 10.30%
NilMoney Market Scheme – 27.038%
Other Scheme – 13.519%
Domestic Company*32.445%With Indexation – 21.63%
Without Indexation – 10.815%
NilMoney Market Scheme – 32.445%
Other Scheme – 32.445%
Non-Resident Individual#TDS – 30.90%TDS with Indexation – 20.60%(for listed schemes) TDS without Indexation – 10.30%(for unlisted schemes)NilMoney Market Scheme – 27.038% Other Scheme – 13.519%
*Inclusive of surcharge @ 5% (applicable for domestic companies with net income exceeding INR 1 crore) + [email protected]
** The rates are inclusive of surcharge @5% and education cess @3% 
#Inclusive of education cess @3%
##Subject to NRI's having Permanent Account Number in India. In case NRI does not have a PAN, then for the purpose of TDS the withholding tax 
shall be @ 20% with surcharge
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