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Charges And Taxes Related To Different Financial Instruments:


Shares: 

Charges Taxes
1.Buy Brokerage

2.Sell Brokerage.

3.Annual demat maintenance Charges

1.Short Term Capital gain tax if shares sold within   1 year: 15% on capital gain.

2.No long term capital gain tax if shares are sold after 1 year.

3.STT : 0.125% on purchase

0.125% on sale

 Equity Mutual Funds:

Charges Taxes
1.Scheme related expenses by mutual fund.

Upto Rs.100 cr: 2.50%

Next Rs.300 cr: 2.25%

Next  Rs.300cr: 2%

Excess over 700cr: 1.75%

1.Short Term Capital gain tax if units are sold within 1 year.

2.No long term capital gain tax if units are sold after 1 year.

3.STT : 0.125% on purchase at stock exchange

0.125% on sale at stock exchange

0.250%  on sale of units back directly to mutual funds.

Remarks:Expense ratio is inclusive of NAV and no separately deducted

 Debt Mutual Fund: 

Charges Taxes
1.Scheme related expenses by mutual fund.

Upto Rs.100 cr: 2.25%

Next Rs.300 cr: 2%

Next  Rs.300cr: 1.75%

Excess over 700cr: 1.5%

1.Short Term Capital gain tax if units are sold within 1 year: Income is taxed as per tax slab of investor.

2. long term capital gain tax if units are sold after 1 year: 10% without indexation20% with indexation

3.STT :     N.A.

Remarks:Expense ratio is inclusive of NAV and no separately deducted.

New Pension Scheme:

Charges Taxes
1.Account Opening charges: Rs.50.

2.Annual maintainance cost per account: Rs.250*

3.Max. pemissible charges applied by POP(point of presense per subscriber):Initial subscribtion:Rs.40/-Any subsequent transaction: Rs.20/-

4.Fund management charges: 0.0009% pa.

5.Custodian charges: Demat           mode:0.0075%,Physical Mode: 0.05%

Pension received or that  withdrawl is taxable as per income slab of investor.

Remarks:1.Account opening and annual maintaince charges will be applied by Central recordkeeping agency (CRA) and deduction will be through cancellation of units.This charge is upto 30 Lakh no of subscribers and can be reduced for more no of subscribers.

2.Charges by POP will be payable upfront.

3.Custodian charges and fund management charges will be inclusive in NAV

4.If you do not make minimum investment of Rs.6000/- per year year there is a penalty of Rs.100 per year.

 Commodity Futures Market transctions: 

Charges Taxes
1.Buy transaction brokerage2.Sell transaction brokerage.3.Annual maintainance charges 1.Income earned in commodity market is taxed as per tax slab of investor.2.There is no STT but commodity transaction tax.

 

 

 

 



Category: Mutual Funds

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Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
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