Need A Financial Product › Forums › Tax Savings › Tax implications on profits from Equity Linked Capital Protected Debentures › Tax-implications-on-profits-from-Equity-Linked-Capital-Protected-Debentures_REPLY
November 9, 2014 at 7:05 am
#48331
samkapoor77Keymaster
Equity Linked Capital Protected Debentures are in the nature of debt product. Since you have hold these debentures for more than 2 years, your profits are long term capital gains and you have to pay tax accordingly.