Although a lot of investors invest in mutual funds and other investment tools to seek capital gains, very few tend to focus on taxation on these gains. Understanding how much you are going to be taxed for your returns is equally important. That’s because there is no point investing in a scheme whose tax ratio…Read More Difference Between LTCG & STCG
Last year’s 2018 Budget imposed a Long-Term Capital Gains Tax (LTCG) on the sale of both equity shares and mutual funds. So from the fiscal year 2018-19 onwards, the gains made on the sale of shares in excess of Rs. 1 lakh will be taxed at 10% rate. If you are an investor, chances are…Read More How to Reduce the Impact of LTCG Tax on Your Investments?