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How are equity funds taxed?

By IndianMoney , 1 month ago

It has the following taxations: 1.Short term capital gains are taxable at the rate of 15%. 2. Long term capital gains are taxable at the rate of 10%, if gains exceed 1Lakh per year. 3. Under section 80C, ELSS enjoy tax dedcution up to 1.5 lakh.

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