How to check taxes on mutual funds?

[ravirajsolanki]

I have been investing in mutual funds through SIP of 2000/month for a year.
Total invested amount is: 24998
Current gains: 2662
Now if i will sell them then how much tax will be charged. And if instead of SIP I had invested 24000 a year ago and after a year if I will sell it with profit of 2000 so it will be (24000+2000 = 26000). So how much I would get from those 26000.

 

[ShavirB]

Already discussed here

taxes on capital gains after selling MFs

Am planning to sell some MFs which I am holding in my portfolio for more than a year. The profit on those is less than 1 lakh, will there be any tax I have to pay on it? I work as freelancer. Will it be counted in my taxable income

bekifaayati.co

 

[zacobite]

Already discussed here

taxes on capital gains after selling MFs

Am planning to sell some MFs which I am holding in my portfolio for more than a year. The profit on those is less than 1 lakh, will there be any tax I have to pay on it? I work as freelancer. Will it be counted in my taxable income

bekifaayati.co

yes.. absolutely.. also will vary on type of fund..

Wonder why it keeps asking for mod approval.. something wrong with the algo at this site @ShavirB

 

[zacobite]

error screen @ShavirB