InvestorQ : Has the budget made it mandatory for mutual funds to deduct TDS on payments?
vidhya Laxmi made post

Has the budget made it mandatory for mutual funds to deduct TDS on payments?

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8 months ago
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That is the understanding. All dividends paid by companies and MFs would be subject to TDS at 10%. However, these dividends will be treated as income and taxed at peak rates and TDS can be adjusted. Whether this applies to capital gains is not clear as of now.

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