Ch.9 · KYC and Folio Management · medium
An investor runs an SWP of ₹10,000/month from a debt fund. The units being redeemed each month were purchased less than 3 years ago. How will the withdrawal be taxed?
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EXPLANATION
Post April 2023, all gains from debt mutual funds are taxed at the investor's slab rate regardless of holding period. Indexation benefit has been removed. Each SWP redemption triggers a taxable capital gain at slab rate.
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