Mutual fund taxation in India varies by fund type and holding period. Equity funds face different tax rates for short-term and long-term gains, while debt funds purchased after April 1, 2023, are taxed at income tax slab rates. Details here. For the full story, visit the source.
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Equity vs debt mutual fund taxation: How your MF gains are taxed in India
Mutual fund taxation in India varies by fund type and holding period. Equity funds face different tax rates for short-term and long-term gains, while debt funds purchased after April 1, 2023, are taxed at income tax slab rates. Details here.
By Eshita Gain· Livemint· 2 days ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint