Friday, February 16, 2024

How selling equities before March 31 can help you save income tax for FY 2023-24

Save long term capital gains tax: Individuals can save income tax for FY 2023-24 by booking profits up to a certain limit on equity shares and equity oriented mutual funds held for more than 12 months. This method is called 'tax harvesting' and it is fully legal in India. Here's how to use this method to reduce your tax outgo and pocket some gains.

from Tax-Wealth-Economic Times https://ift.tt/iwguIsb

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