Chapter 5: How is Income from Mutual Funds Taxed?
Table of Content
Understanding Mutual Fund Income:
- Learn the different types of income you can earn from mutual funds, such as dividends and capital gains.
Taxation of Dividend Income:
- Understand how dividends from mutual funds are taxed in India post the abolishment of Dividend Distribution Tax (DDT).
Taxation of Capital Gains:
- Explore the tax implications on short-term and long-term capital gains from mutual funds, and how it varies across equity and debt funds.
Indexation Benefits:
- Discover how indexation benefits can help reduce the tax on long-term capital gains from debt mutual funds.
Relevant Exemptions and Deductions:
- Know about the exemptions and deductions available to investors to reduce their tax liability on income from mutual funds.