Capital gain

Tax queries 121 views 1 replies

profit from sale of mutual fund unit is taxable???under capital gain head?

Replies (1)

 investor of Stocks or Equity mutual funds has to pay 10% as taxes on Long Term Capital Gains (realized).

  • If you make a gain / profit on your Equity investment that you have held for over 1 year, it will be classified as Long Term Capital Gain .


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