What is capital gains tax in India?
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Studied at the University of Cambridge, Lives in Cambridge, UK.
The short-term capital gain on debt mutual fund is added to the income and taxed as per the individual's Income Tax Slab and the long-term capital gains on debt mutual funds are taxed at 20 percent with indexation and 10 percent without indexation. Indexation is adjusting the purchase value for inflation.
2023-06-20 09:00:25
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The short-term capital gain on debt mutual fund is added to the income and taxed as per the individual's Income Tax Slab and the long-term capital gains on debt mutual funds are taxed at 20 percent with indexation and 10 percent without indexation. Indexation is adjusting the purchase value for inflation.