LTCG tax on stock market investments, dividend distribution tax on mutual funds and a standard deduction on income tax are a few of the tax changes from 1 April. Pay LTCG tax on stock market investmentsGet ready to pay tax on long-term profits from your stock market investments. Remember that your profits till 31 January 2018 have been grandfathered, or are protected. Mutual funds to pay dividend distribution tax. Mutual fund investors will now pay a 10% dividend distribution tax for income distributed by equity mutual funds.

Source: Mint April 01, 2018 22:30 UTC