Dividends from non-equity mutual funds are taxed at the rate of 28.87% at source..!

Dividends from non-equity mutual funds are taxed at the rate of 28.87% at source..!

Dividends from non-equity mutual funds (MFs)  are taxed at the rate of 28.87 persent at source.


So, it makes no sense to buy the dividend option of any non-equity fund, especially monthly income plans (MIPs) 
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...