income tax capital gains

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  1. anilk59

    anilk59 New Member

    in the union budget presented on 10.7.2015 for 2014-15
    following provisions were made in capital gains
    Units of debt oriented mutual funds and unlisted securities to qualify as a short-term capital asset, if held for not more than 36 months. The period for qualifying as a short-term capital asset to be increased from 12 months to 36 months -
    sir what tax rate will be applicable to the investments made prior to the union budget as fixed maturity plan and the same is matured in financial year 2015-16.
    anil wadhwa
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