How you can present worldwide fairness or debt ETF listed in india For instance, there’s an ETF known as Mirae Assent FANG or MAFANG ETF or Motilal Oswal NASDAQ 100 etfor its FoF mutual fund ltcg or stcg in itr 2
Is the tax handled the identical means as if I maintain direct international fairness share listed within the USA. ( Totally or fractionally)
Or , Debt mutual fund (non fairness class)
Do i’ve to reveal Schedule FA, Kind 67 , Schedule TR and different Overseas schedule as regular Direct USA EQUITY has to do for intl ETFor it’s FOF fundPls assistance on this if anybody is invested in such etf or FoF fund
and ALSO for gold/silver etf or its Fof fund find out how to present ltcg or stcg on itr 2Both gold /Sliver etf & FOF are crammed like debit mutual funds. ?is it right
worldwide etf/FoF listed in india or gold etf / FoF has to indicate in From Sale of Property aside from all of the above listed gadgets” within the Capital Features Schedule…
Please inform me…
Hello @neko,
For all of the property talked about in your query, listed below are tax charges.
*New charges will come into impact from April 1, 2025Moreover, debt funds right here imply funds/ETFs with greater than 65% allocation to debt devices.
neko:
Each gold /Sliver etf & FOF are crammed like debit mutual funds. ?is it right
They have been certainly taxed like debt funds. Nonetheless, in Price range 2024, the part was amended and can solely embody debt funds from 1st April 2025 onwards. Therefore, gold/silver/international ETFs shall be taxed as talked about within the above desk.
