NISM 10B Investment Adviser Level 2 Notes

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  • Corporate Bonds: Interest taxable; gains depend on holding period.
  • Debt Mutual Funds: Post-2023, taxed as short-term capital gains at slab rates.
  • Fixed Deposits: Interest taxable annually on accrual basis.
  • Short-Term Capital Gains: Taxed at slab rates for debt products.
  • Long-Term Capital Gains: Taxed at 12.5% or 20% with indexation pre-2023.

NISM 10B NISM Investment Adviser Level 2

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