Long Term Capital Gain Tax on Equity Mutual Funds : Budget 2018-19 - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Thursday, February 01, 2018

Long Term Capital Gain Tax on Equity Mutual Funds : Budget 2018-19


Long Term Capital Gain Tax on Equity Mutual Funds : Budget 2018-19

The biggest jolt to equity investors is the introduction of LTCG regime. The Central Govt now introduced Long Term Capital Gain Tax (LTCG) on the income exceeding Rs.1 lakh at the rate of 10% without allowing the benefit of any indexation.

 However, all gains up to 31st January 2018 will be grandfathered.
Short Term Capital Gain Tax  (STCG) on equity mutual funds will continue at 15% rate.

Long Term Capital Gain Tax on Equity Mutual Funds : Budget 2018-19 Reviewed by S. Chitra on February 01, 2018 Rating: 5 Long Term Capital Gain Tax on Equity Mutual Funds : Budget 2018-19 The biggest jolt to equity investors is the introduction of LTCG re...

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