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Question #202 • Financial Education
Financial Education
Question #202

How are capital gains from the Super Savings Account taxed?

Short term and long term capital gains tax on debt funds apply to the Super Savings Account. In the short term (less than years), tax you pay depends on your tax bracket. For over 3 years, tax applicable will be 20% with indexation benefit. The tax exemption on interest earned upto Rs. 10,000 from your savings bank account does not apply for the Super Savings Account.
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