Mutual fund investors need to take in to account plethora of tax rates to understand the post tax returns. In addition to separate rates for short term and long term capital gains, the rates varies amongst equity, debt and liquid funds. Then one needs to take in to account dividend distribution tax (DDT) on dividends received. Again it varies based on whether dividend is from equity fund or debt fund or liquid fund. Further one also needs to factor in securities transaction tax (STT) to calculate correct post tax returns. For liquid and debt funds, the effective tax rate can have a significant bearing on the overall returns on the investment.
To help you to guide through this maze of tax rates, Bachhat has tried to list down the applicable rates for mutual fund investors for the financial year 2013-14.
Mutual Fund Tax Reckoner FY 2013-14
In case of any discrepancies and for suggestions, please use the comment section below or email at bachhatonline@gmail.com.
Click here to view the corresponding rates for FY 2012-13 ==> Mutual Fund Tax Reckoner FY 2012-13
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