Type of Schemes Nature of Income Rate Equity-oriented Schemes Short-term capital gains Capital gains tax at 10%* (applicable to all investors including Foreign Institutional Investors) Long-term capital gains No capital gains tax payable by any investor. Other Schemes Short-term capital gains In case of FIIs, 30%* In case of other, taxed at normal tax rates (as explained in Note 1). Long-term capital gains oIn case of FIIs, 10%* (without indexation) In case of others, 20%* (with indexation) or, 10%* (without indexation), whichever is less.

*Education Cess of 2% and a Surcharge of 10% (wherever applicable) would be added to the above rates.

Yes. Sr.No Taxable Security Transaction Rate 1 Purchase of an equity share in a company or a unit of an equity oriented fund, where (a) the transaction of such purchase is entered into in a recognized stock exchange; and (b) the contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit 0.125% 2 Sale of an equity share in a company or a unit of an equity oriented fund, where (a) the transaction of such sale is entered into in a recognized stock exchange; and (b) the contract for the sale of such share or unit is settled by the actual delivery or transfer of such share or unit 0.125% 3 Sale of a derivative, where the transaction of such sale is entered into in a recognized stock exchange 0.017% 4 Sale of unit of an equity oriented fund to the Mutual Fund 0.25%

Investors can visit Reserve Bank of India?s (RBI) website http://www.rbi.org.in for all the details.

Yes, in case the units are held for more than twelve months i.e. on long-term capital gains for debt schemes only.

No. Units issued to investors (including NRIs) etc. are not treated as assets as defined under section 2(ea) of the Wealth-Tax Act, 1957 and hence are not liable to wealth tax.