POSTED BY January 4, 2014 8:56 am COMMENTS (2)ON
Hello, I am planning to do a SWP from a scheme. The investment into the equity fund scheme was done using SIP which ended in Nov 2013. Will there be TDS on SWP? If not how do I go about calculating my tax implication? I learnt that returns on equity investments which are older than a year are tax free. How will it work in case of an SIP?
Thank you for your help!