Thu, Apr 18, 2024
Mutual fund investors invest through a systematic investment plan (SIP) or lump sum. Capital gains made in both ways are taxed as short-term and long-term capital gains. Short-term capital gains are taxed at a 15 per cent rate, while long-term capital gains are taxed at 10 per cent. One gets Rs 1 lakh tax relaxation on long-term capital gains. Beyond those gains, they have to pay a 10 per cent tax. Know more about such tax intricacies through expert calculations.
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Wed, Jan 03, 2018
A small sum of Rs 1,000 can be converted into lakhs of rupees if invested in the right place at the right time. Here's how.
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