Distributions under the BTO Plan may consist of net investment income, net realized long-term capital gains , net realized short - term capital gains and, to the extent necessary, return of capital. The BTO Plan intends to fund each distribution, to the.
of stringent market regulations in the last two decades. A generation that has now grown up under the influence of markets that are much more regulated and audited. SEBI now mandating all mutual funds to spend .02% of their assets under management.
This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with information regarding the distribution paid.
Unlike open-end mutual funds , ETFs trade during the day at a price determined at the time of the trade rather than at market close (at a price unknown at the time that the trade is made). Also, unlike most equity Closed-End Funds, ETFs generally trade.
Smith recommends investing in a fixed annuity (not an immediate annuity, which locks you into monthly payments) or high-quality short - term bonds or bond funds. As the ... as well as long-term capital gains , are taxed at only a 15% or 20% tax rate.
BUSINESS WIRE)--This notice provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE ... net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed.
The manner of computation the exemptions available and the rate of taxation of capital gains depends upon whether the asset transferred is a long-term capital asset or a short - term capital asset. An asset is classified ... One can understand the need.
Several developments gave direction to the domestic market during the past one year. While demonetisation and the runup to the GST caused short - term hiccups in the market in November last year, the BJP's victory in Uttar Pradesh enthused investors to.
You will pay 15 per cent short - term capital gains tax if you sell equity mutual fund schemes before a year. If you sell debt funds before three years, short - term capital gains would be added to your income and taxed as per the applicable income tax slab.
Any gain for equity mutual fund units (SIP or lumpsum) held for more than 12 months is considered as a long-term capital gain. There is no tax on long-term capital gains from equity funds. 4) For periods less than 12 months, short-term capital gains tax is.
However, in case of liquid funds , the tax rate depends on the short term capital gains which decides the tax slabs. Considering income tax rate at 30%, which will be Rs 7,500 in case of savings account and Rs 18,750 in case of liquid funds . Even then.