Tax Planning
Applicable Tax Rates for Mutual Fund Schemes |
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Scheme type |
Liquid & Floating Short Maturity Plan |
Floating FMP, Govt Sec Fund, Income Fund, STP, MIP, MIP+, GOF, Fixed Maturity Plans |
Equity Oriented Schemes |
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Investor Category |
Individual / HUF |
Other than Individual / HUF |
Individual / HUF |
Other than Individual / HUF |
Individual / HUF |
Other than Individual / HUF |
|
I |
Dividend Option |
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|
Dividend Distribution Tax Rate (%) |
25 |
25 |
12.5 |
20 |
0 |
0 |
|
Surcharge (%) |
0 |
7.5 |
0 |
7.5 |
0 |
0 |
|
Education Cess (%) |
3 |
3 |
3 |
3 |
0 |
0 |
|
Effective Rate |
25.75 |
27.68125 |
12.875 |
22.145 |
0 |
0 |
II |
Growth Option - Short Term Capital Gain |
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|
Short-term Capital gains (%) |
As per slab |
30 |
As per slab |
30 |
15 |
15 |
|
Surcharge (%) |
0 |
7.5 |
0 |
7.5 |
0 |
7.5 |
|
Education Cess (%)` |
3 |
3 |
3 |
3 |
3 |
3 |
|
Effective Rate |
As per slab |
33.2175 |
As per slab |
33.2175 |
15.45 |
16.60875 |
III |
Long-Term Capital Gains |
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(a) |
With Indexation |
20 |
20 |
20 |
20 |
0 |
0 |
|
Surcharge (%) |
0 |
7.5 |
0 |
7.5 |
0 |
0 |
|
Education Cess (%) |
3 |
3 |
3 |
3 |
0 |
0 |
|
Effective Rate |
20.6 |
33.2175 |
20.6 |
22.145 |
0 |
0 |
|
|
|
|
|
|
|
|
(b) |
Without indexation |
10 |
10 |
10 |
10 |
0 |
0 |
|
Surcharge (%) |
0 |
7.5 |
0 |
7.5 |
0 |
0 |
|
Education Cess (%) |
3 |
3 |
3 |
3 |
0 |
0 |
|
Effective Rate |
10.3 |
11.0725 |
10.3 |
11.0725 |
0 |
0 |
