Short-term Capital Gains (STCG) Tax

Long-term Capital Gains (LTCG) Tax

Dividend Income

Dividend distribution tax

Tax deducted at source

Holding period less than 1-year

Holding period more than 1-year

Equity oriented mutual fund schemes

15%

0%

Tax-free

0%

STCG – 15% LTCG – 0%

All other mutual fund schemes

30%

10% (20% without indexation)

Tax-free

14.1625%

STCG – 30% LTCG – 20% (after providing for indexation)

Listed shares

15%

0%

Tax-free

14.1625%

STCG – 15% LTCG – 0%

DMS Tax

• Mutual fund units are not subject to DMS tax
• Listed shares are also not subject to DMS tax

Securities transaction tax

• 0.25% of redemption value in case of equity oriented mutual funds
• 0% in case of other mutual funds
• 0.125% of purchase value and 0.125% of sale value on listed shares