capital gains

This query is : Resolved 

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.


04 April 2009 Equity oriented fund

Short term 10%.

Long Term - Exempt.

Debt oriented fund

Short term - included in your income

Long Term - 20%

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 ]




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries