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How is tax calculated on mutual funds?

By IndianMoney , 8 months ago

These gains are taxed at 20 per cent along with surcharge, if any, plus cess at 4 per cent with the indexation benefit if your holding period is more than 3 years. If your holding period is less than 3 years, gains will be treated as short term capital gain and tax as per the normal income tax slabs.

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