How are the dividends on Liquid ETFs and Liquid BeES taxed?

How are the dividends on Liquid ETFs and Liquid BeES taxed?

Dividends: The dividends received from Liquid ETFs and Liquid BeES are taxed according to the investor's income tax slab rate.

Sale of Units:

  • When the units are sold, the amount on which tax has already been paid is considered the cost of acquisition.
  • The gains from the sale are taxed under the category of income from capital gains.

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