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! […]
Share:

No comments: