How did you calculate the tax amount?

Modified on Tue, 27 Jun, 2023 at 6:13 PM

Tax is calculated based on the capital gains made while withdrawing from a mutual fund, assuming you are in a 30% tax bracket. Tax is not deducted at source, but must be declared when you are filing your IT returns.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article