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According to Indian Tax laws, your income will fall under one or more of these five heads of Income:  - Income from Salary  - Income from Property - Profits and gains from Business or profession - Capital Gains  - Income from Other sources. For Mutual funds , we are concerned with the fourth and fifth heads of the Income, " Capital Gains" and "Income from Other Sources". The Taxation Rules. Dividend :     When you invest in Mutual Funds, You have an option to pick between dividend plan and growth plan. If you've opted for the former, The dividend that you receive will be taxed under the head, "Income from other sources".This income, along with any savings bank account interest and fixed deposit interest that you might have, is taxed at the slab rate applicable to you. Pretty straight forward. - The type of mutual fund (Equity / Debt / Hybrid)  - The duration that one has held on to the fund (a.k.a Holding period, in simple words - the time period betwe...

  What is Fundamental right in Constitution ?                                                         Fundamental rights ( Article 12 - 35 ) are the basic human rights in the Constitution of India which are guaranteed to all citizens. They are applied without discrimination on the basis of race, religion, gender, etc. Moreover,  fundamental rights are enforceable by the courts , subject to certain conditions.  Get Best books for fundamental rights on Amazon on Great price What are rights that comes under Fundamental Rights ?  Right to Equality Right to Freedom Right against Exploitation Right to Freedom of Religion Cultural and Educational Rights Right to Constitutional Remedies What are articles subjected to the Fundamental rights ?                 Rights      ...