LTCG on redemption of mutual fund

CA Raj Doshi (Practising CA) (8924 Points)

19 June 2019  

1. As per my knowledge and understanding , no stt is paid during investment and redemption of mutual funds.

2. LTCG in sale of equity oriented mutual funds (assuming stt not paid if point 1 above is true) are taxed at what rate ? Under which section ?

3. Indexation benefit available or not ?

4. Are LTCG on sales of equity oriented mutual funds exempt from tax ? or where they exempt in any earlier year. ?

Thanking all in Advance
Regards
Raj Doshi
rcdco.in