Hi
I wish to know how is the income from mutual fund investment taxed? Does the income come under capital gains also if it is kept for more than three years.
Nagaraja K
2 Replies
madhur gupta
(student/article )
(1022 Points)
Replied 04 July 2010
dividend received from mutual funds is exempt
however capital gain will attract on sale of mutual funda
upto 12 months ----short term later long term
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