About this document
Tax Reckoner 2021-22 Overview by Apurva Singhi is a document available to read on EtoBox.
The document summarizes tax rates for mutual funds in India for the financial year 2021-22. It outlines: 1) Tax rates of 10% for long-term capital gains for resident and NRI investors in equity oriented schemes. Short-term capital gains are taxed at 15%. 2) Higher tax rates of 20% for long-term and 30% for short-term capital gains for non-equity schemes. 3) Surcharge rates of up to 37% for those with annual income over Rs. 5 crore.
- Author
- Apurva Singhi
- Language
- EN