Taxation of Equity MF & Debt MF

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  1. Bhartiya

    Bhartiya New Member

    I had posted some questions on 10th May as well but those questions are not answered.
    Placing them again.
    1.I invested 50 k in RGESS in March 2013 which is redeemed on March 2016.
    The gain on this, is it taxable? If yes then with or without indexation.
    2.I invested 150000/- in L & T Debt MF on 12/08/2013. It was due for redemption
    on 12/08/2016. But I got it redeemed on 21/07/15.
    How will be the tax treatment for the gains on it as it is not for 3 yrs?
    I would appreciate if you answer these queries even if your readers or old members
    do not answer these.
    Please do not ignore,as I really need help in these.
    Anticipating a quick reply from you please.
     
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