The rates are applicable for the financial year 2017-18 Tax Implications on Dividend received by Unit holders from a Mutual Fund Dividends received in respect of of a mutual fund specified under section 10(23D) of the Income-tax Act, 1961(‘the Act’) will be exempt from income-tax in the hands of the unit holders under section 10(35) of the Act. Resident Domestic Foreign Foreign Individual/ Company resident Portfolio Company HUF Indian Investor (NRI) (FPI)1 Receipt of dividend All Schemes Nil Nil Nil Nil Nil of Dividend Distribution Tax payable by the scheme2 Equity Oriented Nil Nil Nil Nil Nil schemes Infrastructure 25% + 12% 30% + 12% 5% + 12% 5% + 12% 5% + 12% Debt Fund Surcharge + Surcharge + Surcharge + Surcharge + Surcharge + Scheme (‘IDFS’) 3% Cess 3% Cess 3% Cess 3% Cess 3% Cess =28.84% = 34.61% = 5.77% = 5.77% = 5.77% Other than 25% + 12% 30% + 12% 25% + 12% 30% + 12% 30% + 12% equity oriented Surcharge + Surcharge + Surcharge + Surcharge + Surcharge + schemes and 3% Cess 3% Cess 3% Cess 3% Cess 3% Cess IDFS (i.e. money =28.84% = 34.61% = 28.84% = 34.61% = 34.61% market mutual fund, liquid fund, etc.) Capital Taxation Resident Domestic NRI 3 FPI Foreign Individual/ Company Company3 HUF Long Term Capital Gains (LTCG) Equity Oriented Nil Nil Nil Nil Nil Schemes4 (units held for more than 12 months) Other than The rates for listed as well as unlisted non-equity oriented schemes are equity oriented provided below schemes (units held for more than 36 months)
The rates are applicable for the financial year 2017-18 Tax Implications on Dividend received by Unit holders from a Mutual Fund Dividends received in respect of of a mutual fund specified under section 10(23D) of the Income-tax Act, 1961(‘the Act’) will be exempt from income-tax in the hands of the unit holders under section 10(35) of the Act. Resident Individual/ HUF Domestic Company Indian (NRI) Foreign Portfolio Investor (FPI)1 Foreign Company Receipt of dividend All Schemes Nil Nil Nil Nil Nil of Dividend Distribution Tax payable by the scheme2 Equity Oriented schemes Nil Nil Nil Nil Nil Infrastructure Debt Fund Scheme (‘IDFS’) 25% + 12% Surcharge + 3% Cess =28.84% 30% + 12% Surcharge + 3% Cess = 34.61% 5% + 12% Surcharge + 3% Cess = 5.77% 5% + 12% Surcharge + 3% Cess = 5.77% 5% + 12% Surcharge + 3% Cess = 5.77% Other than equity oriented schemes and IDFS (i.e. money market mutual fund, liquid fund, etc.) 25% + 12% Surcharge + 3% Cess =28.84% 30% + 12% Surcharge + 3% Cess = 34.61% 25% + 12% Surcharge + 3% Cess = 28.84% 30% + 12% Surcharge + 3% Cess = 34.61% 30% + 12% Surcharge + 3% Cess = 34.61% Capital Taxation Resident Individual/ HUF Domestic Company NRI 3 FPI Foreign Company3 Long Term Capital Gains (LTCG) Equity Oriented Schemes4 (units held for more than 12 months) Nil Nil Nil Nil Nil Other than equity oriented schemes (units held for more than 36 months) The rates for listed as well as unlisted non-equity oriented schemes are provided below resident
Tax%20rates%20FY%202017-18.docx