EASYOFFICE
EASYOFFICE

Interest on mf

This query is : Resolved 
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(Querist)
08 October 2014 Dear Sir,
Plz tell us interest on MF taxable or not?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
09 October 2014 MFs don't pay interest but dividend and redemption. So check the scheme Information Document to understand what the payment actually is and check its tax exemption status.

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