Poonawalla fincorps
Poonawalla fincorps

Dividend tax in mutual funds

This query is : Resolved 

03 August 2015 dividend in mutual funds tax free or not?

04 August 2015 Dividend received in the hand of investor is tax free. However for Debt Mutual Funds already tax is deducted by Mutual Funds Company. If the mutual funds are equity oriented then these are totally tax free in the hands of investor as well as in the hand of mutual fund company



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