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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