{"id":29374,"date":"2025-05-29T18:33:30","date_gmt":"2025-05-29T13:03:30","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=29374"},"modified":"2025-08-20T17:58:03","modified_gmt":"2025-08-20T12:28:03","slug":"financial-products-taxation-overview-india-fy-2024-25","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/","title":{"rendered":"Financial Products Taxation Overview (India \u2013 FY 2024\u201325)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e467122434c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e467122434c\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#Financial_Products_Taxation_Overview_India_%E2%80%93_FY_2024%E2%80%9325\" title=\"Financial Products Taxation Overview (India \u2013 FY 2024\u201325)\">Financial Products Taxation Overview (India \u2013 FY 2024\u201325)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#Tax_Sections_Referenced\" title=\"Tax Sections Referenced\">Tax Sections Referenced<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#Tax_Regime_Specific_to_Mutual_Fund_Investors_in_India_applicable_for_Financial_Year_FY_2024-25_Assessment_Year_2025-26\" title=\" Tax Regime Specific to Mutual Fund Investors in India applicable for Financial Year (FY) 2024-25 (Assessment Year 2025-26)\"> Tax Regime Specific to Mutual Fund Investors in India applicable for Financial Year (FY) 2024-25 (Assessment Year 2025-26)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#I_CLASSIFICATION_OF_MUTUAL_FUNDS_FOR_TAX_PURPOSES\" title=\"I. CLASSIFICATION OF MUTUAL FUNDS FOR TAX PURPOSES:\">I. CLASSIFICATION OF MUTUAL FUNDS FOR TAX PURPOSES:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#_II_CAPITAL_GAINS_TAX_RATES\" title=\"\u00a0II. CAPITAL GAINS TAX RATES:\">\u00a0II. CAPITAL GAINS TAX RATES:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#1_Equity-Oriented_Funds_EOFs\" title=\"1. Equity-Oriented Funds (EOFs)\">1. Equity-Oriented Funds (EOFs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#2_Specified_Mutual_Funds_Section_50AA_Acquired_onafter_1_Apr_2023\" title=\"2. Specified Mutual Funds (Section 50AA: Acquired on\/after 1 Apr 2023)\">2. Specified Mutual Funds (Section 50AA: Acquired on\/after 1 Apr 2023)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#3_Other_Mutual_Funds_Non-EOF_Non-specified\" title=\"3. Other Mutual Funds (Non-EOF &amp; Non-specified)\">3. Other Mutual Funds (Non-EOF &amp; Non-specified)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#III_DIVIDEND_INCOME_TAXATION\" title=\"III. DIVIDEND INCOME TAXATION\">III. DIVIDEND INCOME TAXATION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#IV_TDS_ON_CAPITAL_GAINS\" title=\"IV. TDS ON CAPITAL GAINS\">IV. TDS ON CAPITAL GAINS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#V_SECURITIES_TRANSACTION_TAX_STT_on_EOFs\" title=\"V. SECURITIES TRANSACTION TAX (STT) on EOFs\">V. SECURITIES TRANSACTION TAX (STT) on EOFs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#VI_SURCHARGE_ON_TAX_including_capital_gains\" title=\"VI. SURCHARGE ON TAX (including capital gains):\">VI. SURCHARGE ON TAX (including capital gains):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#VII_IMPORTANT_CHANGES_EFFECTIVE_FROM_23_JULY_2024\" title=\"VII. IMPORTANT CHANGES EFFECTIVE FROM 23 JULY 2024\">VII. IMPORTANT CHANGES EFFECTIVE FROM 23 JULY 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#VIII_CLARIFICATION_ON_SPECIFIED_MUTUAL_FUNDS\" title=\"VIII. CLARIFICATION ON SPECIFIED MUTUAL FUNDS:\">VIII. CLARIFICATION ON SPECIFIED MUTUAL FUNDS:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/carajput.com\/blog\/financial-products-taxation-overview-india-fy-2024-25\/#Summary_for_Investors\" title=\"Summary for Investors:\">Summary for Investors:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"261\" data-end=\"329\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29375\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA.jpg\" alt=\"Financial Products Taxation Tracker in INDIA.\" width=\"805\" height=\"1035\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA.jpg 805w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA-233x300.jpg 233w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA-796x1024.jpg 796w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA-768x987.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/05\/Financial-Products-Taxation-Tracker-in-INDIA-800x1029.jpg 800w\" sizes=\"(max-width: 805px) 100vw, 805px\" \/><\/h3>\n<h2 data-start=\"261\" data-end=\"329\"><span class=\"ez-toc-section\" id=\"Financial_Products_Taxation_Overview_India_%E2%80%93_FY_2024%E2%80%9325\"><\/span><strong data-start=\"268\" data-end=\"329\">Financial Products Taxation Overview (India \u2013 FY 2024\u201325)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"331\" data-end=\"3278\">\n<thead data-start=\"331\" data-end=\"453\">\n<tr data-start=\"331\" data-end=\"453\">\n<th data-start=\"331\" data-end=\"355\" data-col-size=\"sm\"><strong data-start=\"333\" data-end=\"354\">Financial Product<\/strong><\/th>\n<th data-start=\"355\" data-end=\"376\" data-col-size=\"sm\"><strong data-start=\"357\" data-end=\"375\">Type of Income<\/strong><\/th>\n<th data-start=\"376\" data-end=\"396\" data-col-size=\"md\"><strong data-start=\"378\" data-end=\"395\">Tax Treatment<\/strong><\/th>\n<th data-start=\"396\" data-end=\"417\" data-col-size=\"sm\"><strong data-start=\"398\" data-end=\"416\">Holding Period<\/strong><\/th>\n<th data-start=\"417\" data-end=\"438\" data-col-size=\"sm\"><strong data-start=\"419\" data-end=\"437\">TDS Applicable<\/strong><\/th>\n<th data-start=\"438\" data-end=\"453\" data-col-size=\"sm\"><strong data-start=\"440\" data-end=\"451\">Section<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"579\" data-end=\"3278\">\n<tr data-start=\"579\" data-end=\"728\">\n<td data-start=\"579\" data-end=\"621\" data-col-size=\"sm\"><strong data-start=\"581\" data-end=\"620\">Equity Shares \/ Mutual Funds \/ ETFs<\/strong><\/td>\n<td data-start=\"621\" data-end=\"637\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"637\" data-end=\"697\" data-col-size=\"md\">STCG @ 20% (from July 23, 2024); LTCG @ 12.5% over \u20b91.25L<\/td>\n<td data-start=\"697\" data-end=\"711\" data-col-size=\"sm\">&lt;12m \/ &gt;12m<\/td>\n<td data-start=\"711\" data-end=\"716\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"716\" data-end=\"728\" data-col-size=\"sm\">Sec 112A<\/td>\n<\/tr>\n<tr data-start=\"729\" data-end=\"887\">\n<td data-start=\"729\" data-end=\"753\" data-col-size=\"sm\"><strong data-start=\"731\" data-end=\"752\">Debt Mutual Funds<\/strong><\/td>\n<td data-start=\"753\" data-end=\"769\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"769\" data-end=\"837\" data-col-size=\"md\">Pre-Apr 2023: STCG @ slab rate<br \/>\nPost-Apr 2023: STCG @ slab rate<\/td>\n<td data-start=\"837\" data-end=\"865\" data-col-size=\"sm\">Any \/ &gt;36m (pre-Apr 2023)<\/td>\n<td data-start=\"865\" data-end=\"870\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"870\" data-end=\"887\" data-col-size=\"sm\">Sec 50AA, 87A<\/td>\n<\/tr>\n<tr data-start=\"888\" data-end=\"1017\">\n<td data-start=\"888\" data-end=\"910\" data-col-size=\"sm\"><strong data-start=\"890\" data-end=\"909\">Unlisted Shares<\/strong><\/td>\n<td data-start=\"910\" data-end=\"926\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"926\" data-end=\"987\" data-col-size=\"md\">STCG (&lt;24m): slab rate<br \/>\nLTCG (&gt;24m): 20% with indexation<\/td>\n<td data-start=\"987\" data-end=\"1001\" data-col-size=\"sm\">&lt;24m \/ &gt;24m<\/td>\n<td data-start=\"1001\" data-end=\"1006\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1006\" data-end=\"1017\" data-col-size=\"sm\">Sec 112<\/td>\n<\/tr>\n<tr data-start=\"1018\" data-end=\"1121\">\n<td data-start=\"1018\" data-end=\"1040\" data-col-size=\"sm\"><strong data-start=\"1020\" data-end=\"1039\">Arbitrage Funds<\/strong><\/td>\n<td data-start=\"1040\" data-end=\"1056\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"1056\" data-end=\"1090\" data-col-size=\"md\">STCG: 15%; LTCG: 12.5% (\u20b91.25L)<\/td>\n<td data-start=\"1090\" data-end=\"1104\" data-col-size=\"sm\">&lt;12m \/ &gt;12m<\/td>\n<td data-start=\"1104\" data-end=\"1109\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1109\" data-end=\"1121\" data-col-size=\"sm\">Sec 112A<\/td>\n<\/tr>\n<tr data-start=\"1122\" data-end=\"1205\">\n<td data-start=\"1122\" data-end=\"1138\" data-col-size=\"sm\"><strong data-start=\"1124\" data-end=\"1137\">FDs \/ RDs<\/strong><\/td>\n<td data-start=\"1138\" data-end=\"1156\" data-col-size=\"sm\">Interest Income<\/td>\n<td data-start=\"1156\" data-end=\"1177\" data-col-size=\"md\">Taxed at slab rate<\/td>\n<td data-start=\"1177\" data-end=\"1181\" data-col-size=\"sm\">&#8211;<\/td>\n<td data-start=\"1181\" data-end=\"1200\" data-col-size=\"sm\">Yes, if &gt;\u20b940,000<\/td>\n<td data-start=\"1200\" data-end=\"1205\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1206\" data-end=\"1282\">\n<td data-start=\"1206\" data-end=\"1216\" data-col-size=\"sm\"><strong data-start=\"1208\" data-end=\"1215\">PPF<\/strong><\/td>\n<td data-start=\"1216\" data-end=\"1238\" data-col-size=\"sm\">Interest &amp; Maturity<\/td>\n<td data-start=\"1238\" data-end=\"1261\" data-col-size=\"md\">Fully Tax-Free (EEE)<\/td>\n<td data-start=\"1261\" data-end=\"1272\" data-col-size=\"sm\">15 years<\/td>\n<td data-start=\"1272\" data-end=\"1277\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1277\" data-end=\"1282\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1283\" data-end=\"1419\">\n<td data-start=\"1283\" data-end=\"1293\" data-col-size=\"sm\"><strong data-start=\"1285\" data-end=\"1292\">EPF<\/strong><\/td>\n<td data-start=\"1293\" data-end=\"1315\" data-col-size=\"sm\">Interest &amp; Maturity<\/td>\n<td data-start=\"1315\" data-end=\"1368\" data-col-size=\"md\">Tax-free up to \u20b92.5L\/year; excess interest taxable<\/td>\n<td data-start=\"1368\" data-end=\"1387\" data-col-size=\"sm\">Until retirement<\/td>\n<td data-start=\"1387\" data-end=\"1414\" data-col-size=\"sm\">Yes, if interest &gt; limit<\/td>\n<td data-start=\"1414\" data-end=\"1419\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1420\" data-end=\"1523\">\n<td data-start=\"1420\" data-end=\"1457\" data-col-size=\"sm\"><strong data-start=\"1422\" data-end=\"1456\">SSY (Sukanya Samriddhi Yojana)<\/strong><\/td>\n<td data-start=\"1457\" data-end=\"1479\" data-col-size=\"sm\">Interest &amp; Maturity<\/td>\n<td data-start=\"1479\" data-end=\"1502\" data-col-size=\"md\">Fully Tax-Free (EEE)<\/td>\n<td data-start=\"1502\" data-end=\"1513\" data-col-size=\"sm\">15 years<\/td>\n<td data-start=\"1513\" data-end=\"1518\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1518\" data-end=\"1523\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1524\" data-end=\"1658\">\n<td data-start=\"1524\" data-end=\"1567\" data-col-size=\"sm\"><strong data-start=\"1526\" data-end=\"1566\">SCSS (Senior Citizen Savings Scheme)<\/strong><\/td>\n<td data-start=\"1567\" data-end=\"1585\" data-col-size=\"sm\">Interest Income<\/td>\n<td data-start=\"1585\" data-end=\"1637\" data-col-size=\"md\">Taxed at slab; TDS @10% if interest &gt;\u20b950,000\/year<\/td>\n<td data-start=\"1637\" data-end=\"1647\" data-col-size=\"sm\">5 years<\/td>\n<td data-start=\"1647\" data-end=\"1653\" data-col-size=\"sm\">Yes<\/td>\n<td data-start=\"1653\" data-end=\"1658\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1659\" data-end=\"1794\">\n<td data-start=\"1659\" data-end=\"1692\" data-col-size=\"sm\"><strong data-start=\"1661\" data-end=\"1691\">Life Insurance (Non-ULIPs)<\/strong><\/td>\n<td data-start=\"1692\" data-end=\"1712\" data-col-size=\"sm\">Maturity Proceeds<\/td>\n<td data-start=\"1712\" data-end=\"1770\" data-col-size=\"md\">Premium &gt; \u20b95L\/year (from Apr 1, 2023): Taxable maturity<\/td>\n<td data-start=\"1770\" data-end=\"1774\" data-col-size=\"sm\">&#8211;<\/td>\n<td data-start=\"1774\" data-end=\"1779\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1779\" data-end=\"1794\" data-col-size=\"sm\">Sec 10(10D)<\/td>\n<\/tr>\n<tr data-start=\"1795\" data-end=\"1925\">\n<td data-start=\"1795\" data-end=\"1823\" data-col-size=\"sm\"><strong data-start=\"1797\" data-end=\"1822\">ULIPs (Post-Feb 2021)<\/strong><\/td>\n<td data-start=\"1823\" data-end=\"1839\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"1839\" data-end=\"1894\" data-col-size=\"md\">Premium &gt; \u20b92.5L\/year = Capital Gains Tax on maturity<\/td>\n<td data-start=\"1894\" data-end=\"1915\" data-col-size=\"sm\">Depends on product<\/td>\n<td data-start=\"1915\" data-end=\"1920\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"1920\" data-end=\"1925\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"1926\" data-end=\"2046\">\n<td data-start=\"1926\" data-end=\"1937\" data-col-size=\"sm\"><strong data-start=\"1928\" data-end=\"1936\">SGBs<\/strong><\/td>\n<td data-start=\"1937\" data-end=\"1953\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"1953\" data-end=\"2026\" data-col-size=\"md\">Tax-free on maturity (8 years); Early exit: LTCG @ 20% with indexation<\/td>\n<td data-start=\"2026\" data-end=\"2036\" data-col-size=\"sm\">8 years<\/td>\n<td data-start=\"2036\" data-end=\"2041\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"2041\" data-end=\"2046\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"2047\" data-end=\"2214\">\n<td data-start=\"2047\" data-end=\"2085\" data-col-size=\"sm\"><strong data-start=\"2049\" data-end=\"2084\">Gold \/ Digital Gold \/ Gold ETFs<\/strong><\/td>\n<td data-start=\"2085\" data-end=\"2101\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"2101\" data-end=\"2178\" data-col-size=\"md\">Post-Apr 2023: STCG @ slab rate, LTCG @ 12.5% after 24m (from Apr 1, 2023)<\/td>\n<td data-start=\"2178\" data-end=\"2192\" data-col-size=\"sm\">&lt;24m \/ &gt;24m<\/td>\n<td data-start=\"2192\" data-end=\"2197\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"2197\" data-end=\"2214\" data-col-size=\"sm\">Sec 50AA, 87A<\/td>\n<\/tr>\n<tr data-start=\"2215\" data-end=\"2352\">\n<td data-start=\"2215\" data-end=\"2233\" data-col-size=\"sm\"><strong data-start=\"2217\" data-end=\"2232\">Real Estate<\/strong><\/td>\n<td data-start=\"2233\" data-end=\"2249\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"2249\" data-end=\"2303\" data-col-size=\"md\">STCG (&lt;24m): slab; LTCG (&gt;24m): 20% with indexation<\/td>\n<td data-start=\"2303\" data-end=\"2317\" data-col-size=\"sm\">&lt;24m \/ &gt;24m<\/td>\n<td data-start=\"2317\" data-end=\"2342\" data-col-size=\"sm\">Yes on rent if &gt; \u20b92.4L<\/td>\n<td data-start=\"2342\" data-end=\"2352\" data-col-size=\"sm\">Sec 54<\/td>\n<\/tr>\n<tr data-start=\"2353\" data-end=\"2492\">\n<td data-start=\"2353\" data-end=\"2374\" data-col-size=\"sm\"><strong data-start=\"2355\" data-end=\"2373\">REITs \/ InvITs<\/strong><\/td>\n<td data-start=\"2374\" data-end=\"2402\" data-col-size=\"sm\">Dividends &amp; Capital Gains<\/td>\n<td data-start=\"2402\" data-end=\"2447\" data-col-size=\"md\">Dividends: Slab<br \/>\nListed units: equity CG<\/td>\n<td data-start=\"2447\" data-end=\"2461\" data-col-size=\"sm\">&lt;12m \/ &gt;12m<\/td>\n<td data-start=\"2461\" data-end=\"2480\" data-col-size=\"sm\">Yes on dividends<\/td>\n<td data-start=\"2480\" data-end=\"2492\" data-col-size=\"sm\">Sec 112A<\/td>\n<\/tr>\n<tr data-start=\"2493\" data-end=\"2646\">\n<td data-start=\"2493\" data-end=\"2518\" data-col-size=\"sm\"><strong data-start=\"2495\" data-end=\"2517\">Bonds \/ Debentures<\/strong><\/td>\n<td data-start=\"2518\" data-end=\"2545\" data-col-size=\"sm\">Interest &amp; Capital Gains<\/td>\n<td data-start=\"2545\" data-end=\"2615\" data-col-size=\"md\">Interest: Slab<br \/>\nLTG: 10% (listed), 20% (unlisted with indexation)<\/td>\n<td data-start=\"2615\" data-end=\"2629\" data-col-size=\"sm\">&lt;36m \/ &gt;36m<\/td>\n<td data-start=\"2629\" data-end=\"2635\" data-col-size=\"sm\">Yes<\/td>\n<td data-start=\"2635\" data-end=\"2646\" data-col-size=\"sm\">Sec 112<\/td>\n<\/tr>\n<tr data-start=\"2647\" data-end=\"2760\">\n<td data-start=\"2647\" data-end=\"2657\" data-col-size=\"sm\"><strong data-start=\"2649\" data-end=\"2656\">PMS<\/strong><\/td>\n<td data-start=\"2657\" data-end=\"2673\" data-col-size=\"sm\">Capital Gains<\/td>\n<td data-start=\"2673\" data-end=\"2729\" data-col-size=\"md\">Treated as equity: STCG @ 20%, LTCG @ 12.5% (&gt;\u20b91.25L)<\/td>\n<td data-start=\"2729\" data-end=\"2743\" data-col-size=\"sm\">&lt;12m \/ &gt;12m<\/td>\n<td data-start=\"2743\" data-end=\"2748\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"2748\" data-end=\"2760\" data-col-size=\"sm\">Sec 112A<\/td>\n<\/tr>\n<tr data-start=\"2761\" data-end=\"2878\">\n<td data-start=\"2761\" data-end=\"2789\" data-col-size=\"sm\"><strong data-start=\"2763\" data-end=\"2788\">AIF \u2013 Category I &amp; II<\/strong><\/td>\n<td data-start=\"2789\" data-end=\"2810\" data-col-size=\"sm\">Pass-through Gains<\/td>\n<td data-start=\"2810\" data-end=\"2858\" data-col-size=\"md\">Taxed at investor level; based on asset class<\/td>\n<td data-start=\"2858\" data-end=\"2868\" data-col-size=\"sm\">Depends<\/td>\n<td data-start=\"2868\" data-end=\"2873\" data-col-size=\"sm\">No<\/td>\n<td data-start=\"2873\" data-end=\"2878\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"2879\" data-end=\"2987\">\n<td data-start=\"2879\" data-end=\"2904\" data-col-size=\"sm\"><strong data-start=\"2881\" data-end=\"2903\">AIF \u2013 Category III<\/strong><\/td>\n<td data-start=\"2904\" data-end=\"2922\" data-col-size=\"sm\">Business Income<\/td>\n<td data-start=\"2922\" data-end=\"2972\" data-col-size=\"md\">Taxed at fund level; highest slab up to 42.744%<\/td>\n<td data-start=\"2972\" data-end=\"2976\" data-col-size=\"sm\">&#8211;<\/td>\n<td data-start=\"2976\" data-end=\"2982\" data-col-size=\"sm\">Yes<\/td>\n<td data-start=\"2982\" data-end=\"2987\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"2988\" data-end=\"3133\">\n<td data-start=\"2988\" data-end=\"3014\" data-col-size=\"sm\"><strong data-start=\"2990\" data-end=\"3013\">Structured Products<\/strong><\/td>\n<td data-start=\"3014\" data-end=\"3041\" data-col-size=\"sm\">Capital Gains \/ Interest<\/td>\n<td data-start=\"3041\" data-end=\"3099\" data-col-size=\"md\">Depends on structure; taxed as slab or on debt maturity<\/td>\n<td data-start=\"3099\" data-end=\"3118\" data-col-size=\"sm\">Product-specific<\/td>\n<td data-start=\"3118\" data-end=\"3128\" data-col-size=\"sm\">Depends<\/td>\n<td data-start=\"3128\" data-end=\"3133\" data-col-size=\"sm\">&#8211;<\/td>\n<\/tr>\n<tr data-start=\"3134\" data-end=\"3278\">\n<td data-start=\"3134\" data-end=\"3153\" data-col-size=\"sm\"><strong data-start=\"3136\" data-end=\"3152\">NPS (Tier I)<\/strong><\/td>\n<td data-start=\"3153\" data-end=\"3164\" data-col-size=\"sm\">Maturity<\/td>\n<td data-start=\"3164\" data-end=\"3229\" data-col-size=\"md\">60% withdrawal tax-free; 40% annuitized and taxable as pension<\/td>\n<td data-start=\"3229\" data-end=\"3246\" data-col-size=\"sm\">Retirement age<\/td>\n<td data-start=\"3246\" data-end=\"3263\" data-col-size=\"sm\">Yes on pension<\/td>\n<td data-start=\"3263\" data-end=\"3278\" data-col-size=\"sm\">Sec 10(12A)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"3285\" data-end=\"3319\"><span class=\"ez-toc-section\" id=\"Tax_Sections_Referenced\"><\/span><span style=\"color: #000080;\"><strong data-start=\"3292\" data-end=\"3319\">Tax Sections Referenced<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"3320\" data-end=\"3630\">\n<li data-start=\"3320\" data-end=\"3369\">\n<p data-start=\"3322\" data-end=\"3369\"><strong data-start=\"3322\" data-end=\"3334\">Sec 112A<\/strong> \u2013 Equity LTCG @ 12.5% after \u20b91.25L<\/p>\n<\/li>\n<li data-start=\"3370\" data-end=\"3444\">\n<p data-start=\"3372\" data-end=\"3444\"><strong data-start=\"3372\" data-end=\"3384\">Sec 50AA<\/strong> \u2013 All debt-style mutual funds post-April 2023 taxed as STCG<\/p>\n<\/li>\n<li data-start=\"3445\" data-end=\"3499\">\n<p data-start=\"3447\" data-end=\"3499\"><strong data-start=\"3447\" data-end=\"3462\">Sec 10(10D)<\/strong> \u2013 Life insurance maturity exemptions<\/p>\n<\/li>\n<li data-start=\"3500\" data-end=\"3564\">\n<p data-start=\"3502\" data-end=\"3564\"><strong data-start=\"3502\" data-end=\"3513\">Sec 94B<\/strong> \u2013 Bonus stripping (disallows capital loss set-off)<\/p>\n<\/li>\n<li data-start=\"3565\" data-end=\"3630\">\n<p data-start=\"3567\" data-end=\"3630\"><strong data-start=\"3567\" data-end=\"3574\">87A<\/strong> \u2013 \u20b960,000 rebate (total income \u2264 \u20b912L under new regime)<\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Tax_Regime_Specific_to_Mutual_Fund_Investors_in_India_applicable_for_Financial_Year_FY_2024-25_Assessment_Year_2025-26\"><\/span><span style=\"color: #000080;\"> <strong data-start=\"53\" data-end=\"110\">Tax Regime Specific to Mutual Fund Investors in India<\/strong> applicable for <strong data-start=\"126\" data-end=\"183\">Financial Year (FY) 2024-25 (Assessment Year 2025-26)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"191\" data-end=\"249\"><span class=\"ez-toc-section\" id=\"I_CLASSIFICATION_OF_MUTUAL_FUNDS_FOR_TAX_PURPOSES\"><\/span><span style=\"color: #000080;\">I. CLASSIFICATION OF MUTUAL FUNDS FOR TAX PURPOSES:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"251\" data-end=\"695\">\n<thead data-start=\"251\" data-end=\"277\">\n<tr data-start=\"251\" data-end=\"277\">\n<th data-start=\"251\" data-end=\"262\" data-col-size=\"sm\">Category<\/th>\n<th data-start=\"262\" data-end=\"277\" data-col-size=\"lg\">Description<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"304\" data-end=\"695\">\n<tr data-start=\"304\" data-end=\"434\">\n<td data-start=\"304\" data-end=\"339\" data-col-size=\"sm\">Equity-Oriented Funds (EOFs)<\/td>\n<td data-start=\"339\" data-end=\"434\" data-col-size=\"lg\">Funds investing \u226565% in domestic equities (excluding equity fund of funds). STT applicable.<\/td>\n<\/tr>\n<tr data-start=\"435\" data-end=\"584\">\n<td data-start=\"435\" data-end=\"464\" data-col-size=\"sm\">Specified Mutual Funds<\/td>\n<td data-start=\"464\" data-end=\"584\" data-col-size=\"lg\">Funds investing \u226435% in domestic equities. Includes debt funds, gold ETFs, fund-of-funds, etc. Section 50AA applies.<\/td>\n<\/tr>\n<tr data-start=\"585\" data-end=\"695\">\n<td data-start=\"585\" data-end=\"610\" data-col-size=\"sm\">Other Mutual Funds<\/td>\n<td data-start=\"610\" data-end=\"695\" data-col-size=\"lg\">Includes hybrid, balanced funds, or those not classified as EOFs or Specified MF.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"702\" data-end=\"737\"><span class=\"ez-toc-section\" id=\"_II_CAPITAL_GAINS_TAX_RATES\"><\/span><span style=\"color: #000080;\">\u00a0II. CAPITAL GAINS TAX RATES:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4 data-start=\"739\" data-end=\"779\"><span class=\"ez-toc-section\" id=\"1_Equity-Oriented_Funds_EOFs\"><\/span><span style=\"color: #000080;\"><strong data-start=\"744\" data-end=\"779\">1. Equity-Oriented Funds (EOFs)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"781\" data-end=\"1172\">\n<thead data-start=\"781\" data-end=\"838\">\n<tr data-start=\"781\" data-end=\"838\">\n<th data-start=\"781\" data-end=\"797\" data-col-size=\"sm\">Investor Type<\/th>\n<th data-start=\"797\" data-end=\"817\" data-col-size=\"md\">STCG (\u226412 months)<\/th>\n<th data-start=\"817\" data-end=\"838\" data-col-size=\"md\">LTCG (&gt;12 months)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"895\" data-end=\"1172\">\n<tr data-start=\"895\" data-end=\"1073\">\n<td data-start=\"895\" data-end=\"936\" data-col-size=\"sm\">Resident Individuals \/ HUF \/ AOP \/ BOI<\/td>\n<td data-col-size=\"md\" data-start=\"936\" data-end=\"996\">15% (up to 22 July 2024), 20% (from 23 July 2024)<\/td>\n<td data-col-size=\"md\" data-start=\"996\" data-end=\"1073\">10% (&gt;\u20b91.25 lakh) (up to 22 July 2024), 12.5% (from 23 July 2024)<\/td>\n<\/tr>\n<tr data-start=\"1074\" data-end=\"1098\">\n<td data-start=\"1074\" data-end=\"1081\" data-col-size=\"sm\">NRIs<\/td>\n<td data-start=\"1081\" data-end=\"1098\" data-col-size=\"md\">Same as above<\/td>\n<td data-col-size=\"md\"><\/td>\n<\/tr>\n<tr data-start=\"1099\" data-end=\"1172\">\n<td data-start=\"1099\" data-end=\"1120\" data-col-size=\"sm\">Domestic Companies<\/td>\n<td data-col-size=\"md\" data-start=\"1120\" data-end=\"1172\">15%\/22%\/25%\/30% depending on turnover\/tax regime<\/td>\n<td data-col-size=\"md\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"1174\" data-end=\"1298\">\ud83d\udd38 <em data-start=\"1177\" data-end=\"1298\">LTCG computation uses grandfathering provisions: Higher of actual cost or lower of (FMV as on 31 Jan 2018, sale price).<\/em><\/p>\n<h4 data-start=\"1305\" data-end=\"1386\"><span class=\"ez-toc-section\" id=\"2_Specified_Mutual_Funds_Section_50AA_Acquired_onafter_1_Apr_2023\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1310\" data-end=\"1339\">2. Specified Mutual Funds<\/strong> <em data-start=\"1340\" data-end=\"1386\">(Section 50AA: Acquired on\/after 1 Apr 2023)<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"1388\" data-end=\"1663\">\n<thead data-start=\"1388\" data-end=\"1419\">\n<tr data-start=\"1388\" data-end=\"1419\">\n<th data-start=\"1388\" data-end=\"1404\" data-col-size=\"sm\">Investor Type<\/th>\n<th data-start=\"1404\" data-end=\"1411\" data-col-size=\"sm\">STCG<\/th>\n<th data-start=\"1411\" data-end=\"1419\" data-col-size=\"sm\">LTCG<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1452\" data-end=\"1663\">\n<tr data-start=\"1452\" data-end=\"1550\">\n<td data-start=\"1452\" data-end=\"1493\" data-col-size=\"sm\">Resident Individuals \/ HUF \/ AOP \/ BOI<\/td>\n<td data-col-size=\"sm\" data-start=\"1493\" data-end=\"1513\">Tax slab rate<\/td>\n<td data-col-size=\"sm\" data-start=\"1513\" data-end=\"1550\">Not Applicable (all are STCG)<\/td>\n<\/tr>\n<tr data-start=\"1551\" data-end=\"1607\">\n<td data-start=\"1551\" data-end=\"1558\" data-col-size=\"sm\">NRIs<\/td>\n<td data-start=\"1558\" data-end=\"1585\" data-col-size=\"sm\">Tax slab rate or 30%<\/td>\n<td data-col-size=\"sm\" data-start=\"1585\" data-end=\"1607\">Not Applicable<\/td>\n<\/tr>\n<tr data-start=\"1608\" data-end=\"1663\">\n<td data-start=\"1608\" data-end=\"1620\" data-col-size=\"sm\">Companies<\/td>\n<td data-start=\"1620\" data-end=\"1663\" data-col-size=\"sm\">15%\/22%\/25%\/30% based on tax regime<\/td>\n<td data-col-size=\"sm\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"1665\" data-end=\"1736\">\ud83d\udd38 <em data-start=\"1668\" data-end=\"1736\">No indexation, all gains deemed STCG regardless of holding period.<\/em><\/p>\n<h4 data-start=\"1743\" data-end=\"1801\"><span class=\"ez-toc-section\" id=\"3_Other_Mutual_Funds_Non-EOF_Non-specified\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1748\" data-end=\"1773\">3. Other Mutual Funds<\/strong> <em data-start=\"1774\" data-end=\"1801\">(Non-EOF &amp; Non-specified)<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"1803\" data-end=\"2176\">\n<thead data-start=\"1803\" data-end=\"1834\">\n<tr data-start=\"1803\" data-end=\"1834\">\n<th data-start=\"1803\" data-end=\"1819\" data-col-size=\"sm\">Investor Type<\/th>\n<th data-start=\"1819\" data-end=\"1826\" data-col-size=\"sm\">STCG<\/th>\n<th data-start=\"1826\" data-end=\"1834\" data-col-size=\"md\">LTCG<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1867\" data-end=\"2176\">\n<tr data-start=\"1867\" data-end=\"2024\">\n<td data-start=\"1867\" data-end=\"1908\" data-col-size=\"sm\">Resident Individuals \/ HUF \/ AOP \/ BOI<\/td>\n<td data-start=\"1908\" data-end=\"1924\" data-col-size=\"sm\">Tax slab rate<\/td>\n<td data-start=\"1924\" data-end=\"2024\" data-col-size=\"md\">20% (with indexation) up to 22 July 2024<br \/>\n12.5% (without indexation) from 23 July 2024<\/td>\n<\/tr>\n<tr data-start=\"2025\" data-end=\"2136\">\n<td data-start=\"2025\" data-end=\"2032\" data-col-size=\"sm\">NRIs<\/td>\n<td data-start=\"2032\" data-end=\"2047\" data-col-size=\"sm\">30% STCG<\/td>\n<td data-start=\"2047\" data-end=\"2136\" data-col-size=\"md\">20% with indexation (listed) \/ 10% (unlisted) \/ 12.5% (from 23 July 2024)<\/td>\n<\/tr>\n<tr data-start=\"2137\" data-end=\"2176\">\n<td data-start=\"2137\" data-end=\"2157\" data-col-size=\"sm\">Companies \/ Firms<\/td>\n<td data-start=\"2157\" data-end=\"2176\" data-col-size=\"sm\">15%\/22%\/25%\/30%<\/td>\n<td data-col-size=\"md\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"2183\" data-end=\"2219\"><span class=\"ez-toc-section\" id=\"III_DIVIDEND_INCOME_TAXATION\"><\/span><span style=\"color: #000080;\">III. DIVIDEND INCOME TAXATION<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 164px;\" width=\"889\" data-start=\"2221\" data-end=\"2524\">\n<thead data-start=\"2221\" data-end=\"2281\">\n<tr data-start=\"2221\" data-end=\"2281\">\n<th data-start=\"2221\" data-end=\"2237\" data-col-size=\"sm\">Investor Type<\/th>\n<th data-start=\"2237\" data-end=\"2255\" data-col-size=\"sm\">Tax on Dividend<\/th>\n<th data-start=\"2255\" data-end=\"2281\" data-col-size=\"sm\">TDS on Dividend Income<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2343\" data-end=\"2524\">\n<tr data-start=\"2343\" data-end=\"2416\">\n<td data-start=\"2343\" data-end=\"2372\" data-col-size=\"sm\">Resident Individuals \/ HUF<\/td>\n<td data-start=\"2372\" data-end=\"2388\" data-col-size=\"sm\">Tax slab rate<\/td>\n<td data-start=\"2388\" data-end=\"2416\" data-col-size=\"sm\">10% if &gt; \u20b95,000\/year<\/td>\n<\/tr>\n<tr data-start=\"2417\" data-end=\"2461\">\n<td data-start=\"2417\" data-end=\"2438\" data-col-size=\"sm\">Domestic Companies<\/td>\n<td data-start=\"2438\" data-end=\"2454\" data-col-size=\"sm\">Tax slab rate<\/td>\n<td data-col-size=\"sm\" data-start=\"2454\" data-end=\"2461\">10%<\/td>\n<\/tr>\n<tr data-start=\"2462\" data-end=\"2524\">\n<td data-start=\"2462\" data-end=\"2469\" data-col-size=\"sm\">NRIs<\/td>\n<td data-start=\"2469\" data-end=\"2504\" data-col-size=\"sm\">20% TDS or lower as per DTAA<\/td>\n<td data-col-size=\"sm\" data-start=\"2504\" data-end=\"2524\">20% or DTAA rate<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"2531\" data-end=\"2562\"><span class=\"ez-toc-section\" id=\"IV_TDS_ON_CAPITAL_GAINS\"><\/span><span style=\"color: #000080;\">IV. TDS ON CAPITAL GAINS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 141px;\" width=\"903\" data-start=\"2564\" data-end=\"2753\">\n<thead data-start=\"2564\" data-end=\"2604\">\n<tr data-start=\"2564\" data-end=\"2604\">\n<th data-start=\"2564\" data-end=\"2580\" data-col-size=\"sm\">Investor Type<\/th>\n<th data-start=\"2580\" data-end=\"2604\" data-col-size=\"sm\">TDS on Capital Gains<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2646\" data-end=\"2753\">\n<tr data-start=\"2646\" data-end=\"2693\">\n<td data-start=\"2646\" data-end=\"2679\" data-col-size=\"sm\">Resident Individuals \/ HUF<\/td>\n<td data-col-size=\"sm\" data-start=\"2679\" data-end=\"2693\">No TDS<\/td>\n<\/tr>\n<tr data-start=\"2694\" data-end=\"2753\">\n<td data-start=\"2694\" data-end=\"2705\" data-col-size=\"sm\">NRIs<\/td>\n<td data-col-size=\"sm\" data-start=\"2705\" data-end=\"2753\">20% or <strong data-start=\"2718\" data-end=\"2731\">DTAA rate<\/strong>, whichever is lower<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"2760\" data-end=\"2810\"><span class=\"ez-toc-section\" id=\"V_SECURITIES_TRANSACTION_TAX_STT_on_EOFs\"><\/span><span style=\"color: #000080;\">V. SECURITIES TRANSACTION TAX (STT) on EOFs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 164px;\" width=\"909\" data-start=\"2812\" data-end=\"3051\">\n<thead data-start=\"2812\" data-end=\"2854\">\n<tr data-start=\"2812\" data-end=\"2854\">\n<th data-start=\"2812\" data-end=\"2826\" data-col-size=\"sm\">Transaction<\/th>\n<th data-start=\"2826\" data-end=\"2837\" data-col-size=\"sm\">STT Rate<\/th>\n<th data-start=\"2837\" data-end=\"2854\" data-col-size=\"sm\">Applicable To<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2900\" data-end=\"3051\">\n<tr data-start=\"2900\" data-end=\"2947\">\n<td data-start=\"2900\" data-end=\"2924\" data-col-size=\"sm\">Sale (delivery-based)<\/td>\n<td data-col-size=\"sm\" data-start=\"2924\" data-end=\"2937\"><strong data-start=\"2926\" data-end=\"2936\">0.001%<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"2937\" data-end=\"2947\">Seller<\/td>\n<\/tr>\n<tr data-start=\"2948\" data-end=\"2999\">\n<td data-start=\"2948\" data-end=\"2976\" data-col-size=\"sm\">Sale (non-delivery based)<\/td>\n<td data-col-size=\"sm\" data-start=\"2976\" data-end=\"2989\"><strong data-start=\"2978\" data-end=\"2988\">0.025%<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"2989\" data-end=\"2999\">Seller<\/td>\n<\/tr>\n<tr data-start=\"3000\" data-end=\"3051\">\n<td data-start=\"3000\" data-end=\"3028\" data-col-size=\"sm\">Redemption to Mutual Fund<\/td>\n<td data-col-size=\"sm\" data-start=\"3028\" data-end=\"3041\"><strong data-start=\"3030\" data-end=\"3040\">0.001%<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"3041\" data-end=\"3051\">Seller<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"3058\" data-end=\"3112\"><span class=\"ez-toc-section\" id=\"VI_SURCHARGE_ON_TAX_including_capital_gains\"><\/span><span style=\"color: #000080;\">VI. SURCHARGE ON TAX (including capital gains):<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 204px;\" width=\"910\" data-start=\"3114\" data-end=\"3461\">\n<thead data-start=\"3114\" data-end=\"3184\">\n<tr data-start=\"3114\" data-end=\"3184\">\n<th data-start=\"3114\" data-end=\"3129\" data-col-size=\"sm\">Income Range<\/th>\n<th data-start=\"3129\" data-end=\"3154\" data-col-size=\"md\">Individual \/ HUF \/ AOP<\/th>\n<th data-start=\"3154\" data-end=\"3169\" data-col-size=\"sm\">Domestic Co.<\/th>\n<th data-start=\"3169\" data-end=\"3184\" data-col-size=\"sm\">Foreign Co.<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"3257\" data-end=\"3461\">\n<tr data-start=\"3257\" data-end=\"3285\">\n<td data-start=\"3257\" data-end=\"3266\" data-col-size=\"sm\">\u2264 \u20b950L<\/td>\n<td data-start=\"3266\" data-end=\"3272\" data-col-size=\"md\">NIL<\/td>\n<td data-col-size=\"sm\" data-start=\"3272\" data-end=\"3278\">NIL<\/td>\n<td data-col-size=\"sm\" data-start=\"3278\" data-end=\"3285\">NIL<\/td>\n<\/tr>\n<tr data-start=\"3286\" data-end=\"3317\">\n<td data-start=\"3286\" data-end=\"3300\" data-col-size=\"sm\">\u20b950L &#8211; \u20b91Cr<\/td>\n<td data-col-size=\"md\" data-start=\"3300\" data-end=\"3306\">10%<\/td>\n<td data-col-size=\"sm\" data-start=\"3306\" data-end=\"3311\">7%<\/td>\n<td data-col-size=\"sm\" data-start=\"3311\" data-end=\"3317\">2%<\/td>\n<\/tr>\n<tr data-start=\"3318\" data-end=\"3350\">\n<td data-start=\"3318\" data-end=\"3332\" data-col-size=\"sm\">\u20b91Cr &#8211; \u20b92Cr<\/td>\n<td data-col-size=\"md\" data-start=\"3332\" data-end=\"3338\">15%<\/td>\n<td data-col-size=\"sm\" data-start=\"3338\" data-end=\"3344\">12%<\/td>\n<td data-col-size=\"sm\" data-start=\"3344\" data-end=\"3350\">2%<\/td>\n<\/tr>\n<tr data-start=\"3351\" data-end=\"3381\">\n<td data-start=\"3351\" data-end=\"3365\" data-col-size=\"sm\">\u20b92Cr &#8211; \u20b95Cr<\/td>\n<td data-col-size=\"md\" data-start=\"3365\" data-end=\"3371\">25%<\/td>\n<td data-col-size=\"sm\" data-start=\"3371\" data-end=\"3375\">&#8211;<\/td>\n<td data-col-size=\"sm\" data-start=\"3375\" data-end=\"3381\">5%<\/td>\n<\/tr>\n<tr data-start=\"3382\" data-end=\"3461\">\n<td data-start=\"3382\" data-end=\"3391\" data-col-size=\"sm\">&gt; \u20b95Cr<\/td>\n<td data-col-size=\"md\" data-start=\"3391\" data-end=\"3451\">37% (Capped at 15% for capital gains u\/s 112, 112A, 111A)<\/td>\n<td data-col-size=\"sm\" data-start=\"3451\" data-end=\"3455\">&#8211;<\/td>\n<td data-col-size=\"sm\" data-start=\"3455\" data-end=\"3461\">5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"3463\" data-end=\"3516\"><strong data-start=\"3463\" data-end=\"3496\">+ Health &amp; Education Cess @4%<\/strong> on tax + surcharge.<\/p>\n<h3 data-start=\"3523\" data-end=\"3580\"><span class=\"ez-toc-section\" id=\"VII_IMPORTANT_CHANGES_EFFECTIVE_FROM_23_JULY_2024\"><\/span>VII. IMPORTANT CHANGES EFFECTIVE FROM 23 JULY 2024<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 175px;\" width=\"895\" data-start=\"3582\" data-end=\"3942\">\n<thead data-start=\"3582\" data-end=\"3636\">\n<tr data-start=\"3582\" data-end=\"3636\">\n<th data-start=\"3582\" data-end=\"3594\" data-col-size=\"sm\">Provision<\/th>\n<th data-start=\"3594\" data-end=\"3615\" data-col-size=\"sm\">Up to 22 July 2024<\/th>\n<th data-start=\"3615\" data-end=\"3636\" data-col-size=\"sm\">From 23 July 2024<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"3692\" data-end=\"3942\">\n<tr data-start=\"3692\" data-end=\"3720\">\n<td data-start=\"3692\" data-end=\"3707\" data-col-size=\"sm\">STCG on EOFs<\/td>\n<td data-col-size=\"sm\" data-start=\"3707\" data-end=\"3713\">15%<\/td>\n<td data-col-size=\"sm\" data-start=\"3713\" data-end=\"3720\">20%<\/td>\n<\/tr>\n<tr data-start=\"3721\" data-end=\"3751\">\n<td data-start=\"3721\" data-end=\"3736\" data-col-size=\"sm\">LTCG on EOFs<\/td>\n<td data-col-size=\"sm\" data-start=\"3736\" data-end=\"3742\">10%<\/td>\n<td data-col-size=\"sm\" data-start=\"3742\" data-end=\"3751\">12.5%<\/td>\n<\/tr>\n<tr data-start=\"3752\" data-end=\"3838\">\n<td data-start=\"3752\" data-end=\"3788\" data-col-size=\"sm\">LTCG on non-EOF\/non-Specified MFs<\/td>\n<td data-col-size=\"sm\" data-start=\"3788\" data-end=\"3810\">20% with indexation<\/td>\n<td data-col-size=\"sm\" data-start=\"3810\" data-end=\"3838\">12.5% without indexation<\/td>\n<\/tr>\n<tr data-start=\"3839\" data-end=\"3942\">\n<td data-start=\"3839\" data-end=\"3875\" data-col-size=\"sm\">LTCG holding period for Other MFs<\/td>\n<td data-start=\"3875\" data-end=\"3908\" data-col-size=\"sm\">&gt;36M (unlisted), &gt;12M (listed)<\/td>\n<td data-col-size=\"sm\" data-start=\"3908\" data-end=\"3942\">&gt;24M (unlisted), &gt;12M (listed)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"3949\" data-end=\"4002\"><span class=\"ez-toc-section\" id=\"VIII_CLARIFICATION_ON_SPECIFIED_MUTUAL_FUNDS\"><\/span><span style=\"color: #000080;\">VIII. CLARIFICATION ON SPECIFIED MUTUAL FUNDS:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"4004\" data-end=\"4096\">From FY 2025-26, as per Finance Act (No. 2) 2024, a specified mutual fund means:<\/p>\n<ul data-start=\"4098\" data-end=\"4212\">\n<li data-start=\"4098\" data-end=\"4165\">\n<p data-start=\"4100\" data-end=\"4165\">Fund with \u226565% investment in debt or money market instruments<\/p>\n<\/li>\n<li data-start=\"4166\" data-end=\"4212\">\n<p data-start=\"4168\" data-end=\"4212\">Fund of Funds investing \u226565% in such schemes<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4214\" data-end=\"4329\">Thus, equity fund-of-funds will also be classified as &#8220;specified mutual funds&#8221; (short-term capital gains only).<\/p>\n<h3 data-start=\"4336\" data-end=\"4364\"><span class=\"ez-toc-section\" id=\"Summary_for_Investors\"><\/span><span style=\"color: #000080;\">Summary for Investors:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 207px;\" width=\"908\" data-start=\"4366\" data-end=\"4751\">\n<thead data-start=\"4366\" data-end=\"4417\">\n<tr data-start=\"4366\" data-end=\"4417\">\n<th data-start=\"4366\" data-end=\"4378\" data-col-size=\"sm\">Fund Type<\/th>\n<th data-start=\"4378\" data-end=\"4417\" data-col-size=\"md\">Tax Treatment (Resident Individual)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"4462\" data-end=\"4751\">\n<tr data-start=\"4462\" data-end=\"4515\">\n<td data-start=\"4462\" data-end=\"4488\" data-col-size=\"sm\"><strong data-start=\"4464\" data-end=\"4487\">EOF (Direct Equity)<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"4488\" data-end=\"4515\">15% STCG, 10\/12.5% LTCG<\/td>\n<\/tr>\n<tr data-start=\"4516\" data-end=\"4609\">\n<td data-start=\"4516\" data-end=\"4550\" data-col-size=\"sm\"><strong data-start=\"4518\" data-end=\"4549\">Debt Funds \/ Gold ETF \/ FoF<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"4550\" data-end=\"4609\">Tax slab (STCG), 20% (LTCG till 22 July), 12.5% (after)<\/td>\n<\/tr>\n<tr data-start=\"4610\" data-end=\"4688\">\n<td data-start=\"4610\" data-end=\"4646\" data-col-size=\"sm\"><strong data-start=\"4612\" data-end=\"4645\">Specified MFs (Post Apr 2023)<\/strong><\/td>\n<td data-start=\"4646\" data-end=\"4688\" data-col-size=\"md\">Entire gain taxed as STCG at slab rate<\/td>\n<\/tr>\n<tr data-start=\"4689\" data-end=\"4751\">\n<td data-start=\"4689\" data-end=\"4704\" data-col-size=\"sm\"><strong data-start=\"4691\" data-end=\"4703\">Dividend<\/strong><\/td>\n<td data-start=\"4704\" data-end=\"4751\" data-col-size=\"md\">Taxable at slab rate; TDS @ 10% if &gt; \u20b95,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial Products Taxation Overview (India \u2013 FY 2024\u201325) Financial Product Type of Income Tax Treatment Holding Period TDS Applicable Section Equity Shares \/ Mutual Funds \/ ETFs Capital Gains STCG @ 20% (from July 23, 2024); LTCG @ 12.5% over \u20b91.25L &lt;12m \/ &gt;12m No Sec 112A Debt Mutual Funds Capital Gains Pre-Apr 2023: STCG &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150],"tags":[8436],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29374"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=29374"}],"version-history":[{"count":2,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29374\/revisions"}],"predecessor-version":[{"id":29377,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29374\/revisions\/29377"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=29374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=29374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=29374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}