For fellow Indian Investors, who have long term gains with the sale of Debt Mutual Fund Units, you got to pay either 10% of LT Gains (or) 20% of LT gains post Indexation benefits - whichever is lower as Tax (along with applicable cess, surcharge).
Given the higher inflation range these days, typically 20% of LT gains post Indexation benefits will be the lower one compared to the other.
To know Cost Inflation Index for the year 2010-11, 2011-12 please refer to the following link
http://taxguru.in/income-tax/cost-inflation-index-meaning-and-index-for-all-the-years.html
Given the higher inflation range these days, typically 20% of LT gains post Indexation benefits will be the lower one compared to the other.
To know Cost Inflation Index for the year 2010-11, 2011-12 please refer to the following link
http://taxguru.in/income-tax/cost-inflation-index-meaning-and-index-for-all-the-years.html
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