Taxation criteria for investors in mutual funds and equities

 

 

Equity Schemes

Other Schemes

Dividend Income

Dividend Distribution Tax

 

Short term capital gains

Long term capital gains

Tax deduction at source

Short term capital gains

Long term capital gains

Tax deduction at source

All schemes

Equity Schemes

Liquid Schemes

Other Schemes

Resident Individual/HUF

10%

NIL

NIL

As per slab

10% (20% with indexation)

NIL

Tax free

NIL

28.325% (25% + 10% Surcharge + 3% Education cess)

14.1625% (12.5% + 10% Surcharge + 3% Education cess)

Partnership firms

10%

NIL

NIL

30%

10% (20% with indexation)

NIL

Tax free

NIL

28.325% (25% + 10% Surcharge + 3% Education cess)

22.66% (20% + 10% Surcharge + 3% Education cess)

AOP/BOI

10%

NIL

NIL

As per slab

10% (20% with indexation)

NIL

Tax free

NIL

28.325% (25% + 10% Surcharge + 3% Education cess)

22.66% (20% + 10% Surcharge + 3% Education cess)

Domestic Companies

10%

NIL

NIL

30%

10% (20% with indexation)

NIL

Tax free

NIL

28.325% (25% + 10% Surcharge + 3% Education cess)

22.66% (20% + 10% Surcharge + 3% Education cess)

NRIs

10%

NIL

Short term capital gains : 11.33% (10% + 10% Surcharge + 3% Education cess)

Long Term Capital Gains : NIL

As per slan

10% (20% with indexation)

STCG : 30%

LTCG : 20% (after providing for indexation)

Tax free

NIL

28.325% (25% + 10% Surcharge + 3% Education cess)

14.1625% (12.5% + 10% Surcharge + 3% Education cess)

 

 

Surcharge:

 

Education Cess : 3%, calculated on tax payable + surcharge

 

Securities Transaction Tax (STT)

Equity Fund

0.25% of redemption value.

Mutual funds also pay transaction tax on the securities purchased or sold.

Non-equity based funds

No STT on redemption value.  

 

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