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capital gains

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(Querist)
03 April 2009 dear all

pls tell me at what rate short term/long term capital gain on sale of mf units/(equity oriented/debt fund)eq. shares is taxed.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
04 April 2009 Equity oriented fund

Short term 10%.

Long Term - Exempt.

Debt oriented fund

Short term - included in your income

Long Term - 20%
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Mukund

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Mukund (Expert)
04 April 2009 MF Units / Eq Shares

Short Term 15% [ if STT Paid other wise regural rate of Tax & inclued in your regurlar income ]

Long Term : Exempt [ more then 365 days holding ]
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