Budget 2018-19 - Why Equity LTCG Tax is not double taxation? - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Tuesday, February 06, 2018

Budget 2018-19 - Why Equity LTCG Tax is not double taxation?

Why Equity LTCG Tax is not double taxation?


by freefincal
I am surprised at how many people assume that the 10% Equity LTCG tax introduced in Budget 2018-19 also applies to mutual funds. 
That is, they think that the Equity LTCG tax is a form of double taxation. The fund houses pay tax once and we tax again when we redeem. 

This is NOT true! […]
Budget 2018-19 - Why Equity LTCG Tax is not double taxation? Reviewed by S. Chitra on February 06, 2018 Rating: 5 Why Equity LTCG Tax is not double taxation? by  freefincal I am surprised at how many people assume that the 10% Equity LTCG tax in...

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