I have invested that amount in a monthly systemic withdrawal plan. Is the monthly amount I get from SWP taxable income? Dr Vipin SehgalThe redemption via a Systematic Withdrawal Plan is subject to taxation. In the case of debt funds, if your holding period is less than 36 months, then the amount that you withdraw will form a part of your income and will be taxed according to your income slab. On the other hand, if the holding period is more than 36 months, then the long-term capital gains will be taxed at 20% with indexation.

Source: Mint July 31, 2021 09:10 UTC