09 February 2011
What is treatment relating to sold without STT Paid ICICI PRUDENTIAL FMP S - 36 PLAN B REL G (18)is it eligible with two option regarding to With indexation and without indaxation.
09 February 2011
i) Without Indexation -tax at flat 10% ii) With Indexation – tax at flat 20% you have option to chose any one which is beneficial to you.
09 February 2011
If your mutual fund would have deducted STT at the time of redemption, any profit from such sale was exempted.
since your mutual fund has not deducted STT(Your investment might be not in equity oriented fund, your profit will be taxed in the following manner:- i) Without Indexation -tax at flat 10% ii) With Indexation – tax at flat 20%
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