Union Budget 2018-19: Equity Mutual Fund Dividends are taxed 12.942%, Not 10% -How to avoid this? - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Tuesday, February 06, 2018

Union Budget 2018-19: Equity Mutual Fund Dividends are taxed 12.942%, Not 10% -How to avoid this?

Equity Mutual Fund Dividends are taxed 12.942% (not 10%) - Here is how to avoid this?


by freefincal
Union Budget 2018-19  has proposed that equity-oriented mutual funds be subject to a 10% dividend distribution tax (DDT) to ensure parity with the 10% LTCG tax on growth equity mutual funds. 
 If you include the surcharge and cess, the rate of dividend tax is 11.648% and if you add the effect of "grossing up", the full tax […]

Union Budget 2018-19: Equity Mutual Fund Dividends are taxed 12.942%, Not 10% -How to avoid this? Reviewed by S. Chitra on February 06, 2018 Rating: 5 Equity Mutual Fund Dividends are taxed 12.942% (not 10%) - Here is how to avoid this? by  freefincal Union Budget 2018-19  has prop...

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