What is the tax rate on my investment? - June 2022
April 4, 2023
Many of us are unprepared for the tax payouts applicable to our investments and forget to factor them in.
Here's a ready reckoner to help you estimate your 'post-tax returns' and compare investment options.
Tax Rates on Your Investments
|
Tax Type |
Short Term Gains |
Long Term Gains |
|
Equity mutual fund Post-tax earnings are added to your income and taxed as per your individual tax slab. |
15% + 4% cess |
10% + 4% cess (LTCG >1 year) |
|
Debt mutual fund Post-tax earnings are added to your income and taxed as per your individual tax slab. |
At the tax slab rate of the individual |
20% + 4% cess with indexation (LTCG >3 year) |
|
Equity Post-tax earnings are added to your income and taxed as per your individual tax slab. |
15% |
10% over and above Rs. 1 lakh without indexation (LTCG >1 year) |
|
Debt Listed |
At the tax slab rate of the individual only |
For Capital gain- 20% with indexation or 10% without indexation (LTCG >1 year), Interest income charged at slab rate |
|
Debt Unlisted |
At the tax slab rate of the individual only |
For Capital gain- 20% with indexation or 10% without indexation (LTCG >3 year), Interest income charged at slab rate |
|
Peer-to-Peer Lending (IndiaP2P) |
At the tax slab rate of the individual only |
|
|
Crypto currency Post-tax earnings are added to your income and taxed as per your individual tax slab. |
30% tax on sale profits + 1% TDS |
|
|
Real estate |
At the tax slab rate of the individual only |
20% with indexation (LTCG >3 year) |
|
Fixed deposit account |
At the tax slab rate. 10% TDS on profits exceeding Rs. 40,000 |
|
|
Savings account |
At the tax slab rate of the individual only |
- |
|
Hybrid fund Post-tax earnings are added to your income and taxed as per your individual tax slab. |
15%+ 4% cess |
10%+ 4% cess(LTCG >1 year) |
