You are here: Home » Knowledge Centre

Tax information

 

 

Individuals $

Corporates @

NRI

Long term Capital gains

Equity schemes**

Nil

Nil

Nil

Debt/Liquid schemes

10% without indexation or 20% with indexation + 10% surcharge + 3% cess

10% without indexation or 20% with indexation + 10% surcharge + 3% cess

10% without indexation or 20% with indexation + 10% surcharge + 3% cess

Without indexation

11.33%

11.33%

11.33%

With indexation

22.66%

22.66%

22.66%

Short term Capital gains

Equity schemes**

15% + 10% surch + 3% cess

15% + 10% surch. + 3% cess

15% + 10% surch + 3% cess

 

16.995%

16.995%

16.995%

Debt/Liquid schemes

30%  + 10% surch + 3% cess

30% + 10% surch. + 3% cess

30% + 10% surch + 3% cess

 

33.990%

33.990%

33.990%

Dividend

Equity schemes

Tax free

Tax free

Tax free

Debt/Liquid schemes

Tax free

Tax free

Tax free

Dividend distribution tax

Equity schemes**

Nil

Nil

Nil

Debt schemes

25% + 10% surch. + 3% cess

30% + 10% surch. + 3% cess

25% + 10% surch. + 3% cess

 

28.3250%

33.9900%

28.3250%

Money market and Liquid schemes

25% + 10% surch. + 3% cess

30% + 10% surch. + 3% cess

25% + 10% surch. + 3% cess

 

28.3250%

33.9900%

28.3250%

 
 
Note :
** STT @ 0.001% will be deducted on equity funds at the time of redemption and switch to the other schemes.

$ - Surcharge at the rate of 10% is proposed to be levied in case of Individual/HUF unit holders where their income exceeds Rs.1 crore.

@ - Surcharge at the rate of 5% is proposed to be levied for domestic corporate unit holders where the income exceeds Rs.1 crore but less than 10 crores and at the rate of 10% where income exceeds 10 crores.

The AMC does not provide Indexation benefit to the investor. Investor can claim the same from I.T. department as per his/her choice Click here for more details.
 
Disclaimer:
"The information contained herein has been obtained from sources published by third parties. While such publications are believed to be reliable, however, neither the AMC, the Trustees, the Fund nor any of their affiliates or representatives assume any responsibility for the accuracy of such information. The tax rates provided hereunder are only for the purpose of information and the actual tax incidence may vary from assessee to assessee. Investors are requested to kindly consult their tax advisors for ascertaining tax liability."
 
 
 
 
  Visit Us:

Premises No. 2/90, First Floor, Block - P, Connaught Circus,
New Delhi - 110001.

Tele.:011-43587415/420
Mail To : help@escortsmutual.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

 
  Copyrights @ 2013 © Escorts Asset Management . All Right Reserved
  Designed, developed and content provided by