Tuesday, March 22, 2016

Capital Gain Taxation for Mutual Funds in 2016

 

Capital Gain Taxation Long Term (LTCG)

 

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 whichever is lower + 3% Cess


Without Indexation


10.30%

10.815%

10.30%

 


With Indexation


20.60%

21.63%

20.60%

 

Short Term (STCG)

Equity schemes     

                                           

  15%+3% cess

= 15.45%                      

15%+5%surcharge*+

3% Cess =16.22%

15% + 3%Cess

=15.45%

Debt schemesAs per Slab rates** 30%+5% surcharge * + 3% Cess As per Slab rates**

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