NISM 10B Investment Adviser Level 2 Notes

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  • Debt Mutual Funds: Taxed as short-term gains post-2023 amendment.
  • Listed Equity Shares: Long-term gains taxed at 12.5% above Rs. 1.25 lakh.
  • Unlisted Equity Shares: Long-term gains taxed at 20% with indexation.
  • REITs/InvITs: Capital gains taxed based on holding period and unit type.
  • Foreign Exchange Assets: Taxed differently for residents and non-residents.

NISM 10B NISM Investment Adviser Level 2

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