One Simple Tax Planning For Investors in Shares & Units

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This simplest and very effective tax planning for investors who dabble in shares and mutual fund. As you know , investors in listed shares or mutual fund units have to deal with , generally , two types of taxable sub-head i.e Short Term Capital Gain (STCG) or Long Term Capital Gains (LTCG ) . While the LTCG arising on listed shares and sold through stock exchange is tax free u/s 10(38) , the STCG is charged to tax @ 15 % if the listed shares are sold through stock exchange. This posting is for adopting a strategy for reducing the tax on STCG on listed shares sold through stock exchange or mutual fund units sold back (redemption)  with STT.

This content is for annual and Semi Annual members only.
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