News From Press How your mutual fund SIPs would be taxed under the new income tax structure

How your mutual fund SIPs would be taxed under the new income tax structure

Source: ET 12 hours ago

The tax on short term capital gains and long term capital gains on equity mutual funds have increased after the announcement made in the budget by the Finance Minister Nirmala Sitharaman. The short term capital gain tax has been hiked to 20% from 15% whereas long term capital gain tax has been hiked to 12.5% from 10%.

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