Tax Information
 

 

Individuals

Corporates

NRI *

Long Term Capital gains

Equity schemes

Nil

Nil

Nil

Debt schemes

10% without indexation or 20% with indexation whichever is lower + 3% cess

10% without indexation or 20% with indexation whichever is lower + 5% surcharge + 3% cess

10% without indexation or 20% with indexation + 3% cess

Without indexation

10.300%

10.815%

10.300%

With indexation

20.600%

21.63%

20.600%

Short Term Capital Gains

Equity schemes

15% + 3% cess

15% + 5% surch. + 3% cess

15% + 3% cess

 

15.450%

16.2225%

15.450%

Debt schemes

30% + 3% cess

30% + 5% surch. + 3% cess

30% + 3% cess

 

30.900%

32.445%

30.900%

Dividend

Equity schemes

Tax free

Tax free

Tax free

Debt schemes

Tax free

Tax free

Tax free

Dividend Distribution Tax

Equity schemes

Nil

Nil

Nil

Debt schemes

12.5% + 5% surch. + 3% cess

30% + 5% surch. + 3% cess

12.5% + 5% surch. + 3% cess

 

13.519%

32.445%

13.519%

Money market and Liquid schemes

25% + 5% surch. + 3% cess

30% + 5% surch. + 3% cess

25% + 5% surch. + 3% cess

 

27.0375%

32.445%

27.0375%

STT @ 0.25% will be deducted on equity funds at the time of redemption and switch to the other schemes.

The short term/long term capital gain tax will be deducted at the time of redemption of units in case of NRI investors only.