Mutual Fund Income Tax

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  Income Tax: Know About The Rules Coming Into Effect From April 1

  The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.

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  "Unaccounted" Deposits Worth Rs 55 Crore Seized After Tax Raids On Ex-Axis Mutual Fund Manager

  The Income-tax department has seized "unaccounted" deposits worth more than Rs 55 crore and unearthed "evidences" of large-scale hidden investments after it recently raided Viresh Josh, a former chief trader and fund manager of Axis Mutual Fund.

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  How To Invest In Equity Linked Funds To Receive Tax Benefits

  Equity-Linked Savings Scheme (ELSS): Apart from offering tax-saving benefits, ELSS is a diversified equity mutual fund and also serves the purpose of long-term capital growth

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  Budget Tax Proposals Not To Impact Mutual Fund Industry: Franklin Templeton

  After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days.

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  Mutual Funds To Deduct 10% Tax Only On Dividend Income, Says Taxman

  CBDT has said that necessary clarification regarding the application of taxes would be made in the relevant provision of the law.

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  Have You Fully Utilised Section 80C Income Tax Benefit? Here Are Key Things To Know

  Section 80C of the Income Tax Act provides for a reduction up to Rs 1.5 lakh in taxable individual income in a year under certain conditions. From premium paid towards subscription/activation of a life insurance policy to subscription to mutual funds (under ELSS or Equity-Linked Saving Scheme), the Section 80C of the Income Tax Act provides for a ...

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  Public Provident Funds (PPF) Vs Mutual Funds (MF): Which Is Your Choice?

  Investors rely on mutual funds (MFs) when they want to create wealth while public provident funds (PPF) are handy when a customer wants to save money.

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  Mutual Fund Investment: Don't Confuse ELSS With SIP, Here's Why

  While ELSS or Equity-Linked Saving Scheme is a type of mutual fund that is eligible for tax exemption under Section 80C of the Income Tax (I-T) Act, SIP or Systematic Investment Plan is only a way of investing in a mutual fund.

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  Submit Form 15G, Form 15H To Bank To Avoid TDS Deduction. Five Things To Know

  Form 15G is meant to be filled by the tax payers below the age of 60 and form 15H by the tax payers who are 60 and above

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  Income Tax Return Filing Deadline: Waiver On LTCG Tax To End On 31 March. Details Here

  Tax liability on long term capital gains (LTCG) at the rate of 10% will accrue only when the shares or mutual funds are sold after April 1, 2018.

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  Investing In Mutual Funds? Income Tax Rules That Will Change From April 1

  Long-term capital gains exceeding Rs. 1 lakh arising from redemption of mutual fund units or equities on or after April 1, 2018 will be taxed at 10 per cent.

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  Gains From ELSS Mutual Funds Will Not Be Tax-Free From April 1: 5 Points

  ELSS funds have a lock-in period of three years, the shortest among the instruments that qualify for income tax benefits under Section 80C.

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  Long-Term Capital Gains Tax On Stocks, Mutual Funds Explained In 10 Points

  The long term capital gains tax (LTCG) will be levied only on transfer of the long-term capital asset on or after 1 April, 2018, as mentioned in the Budget 2018

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  Budget 2018: Five Income Tax Changes You Need To Know

  Finance Minister Arun Jaitley introduced a number of changes that will impact the income tax you pay, ranging from taxing long-term capital gains on investment in stocks and equity mutual funds to change in cess on income tax.

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  How To Save Income Tax? PPF Vs ELSS Mutual Funds Vs Tax Saver Bank FDs

  Investment in PPF, ELSS mutual funds and income-tax saving fixed deposits qualify for income tax benefits under Section 80C.