Long-term capital gains tax
Long-term capital gains tax is nil for all equity mutual funds schemes
Long-term capital gains tax is 10% for all equity mutual funds schemes. The investor has to hold his equity investments for more than 12 months to qualify for long-term capital gains tax. If investments are sold before a year, short-term capital gains are taxed at 15 per cent.
You have to fill ITR-2 form to file Income Tax returns and show your long-term capital gains.
Top 10 Tax Saving Mutual Funds to invest in India for 2018
Best 10 ELSS Mutual Funds in india for 2018
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2018 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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