Tax Guru, I was NRI status before and invested in Mutual fund about one cr but after around 10 years now present i am not NRI status so if i am redemption of my old Mutual fund , what TAX/TDS will app...
I understand that you have updated residential status with MF scheme. No TDS will be deducted and Tax rate will be 12.5% plus applicable surcharge cess.
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I am 46 years old. We have family of 4 me, my wife and two sons 17 and 9 yrs old. I am having a flat to live in. At present have almost 81 lac investment in Mutual Fund, 15 lac in FD and SIP of 1,00,0...