Monday, November 4, 2024

Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks sold

Save LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual funds, gold, etc. The income tax laws allow taxpayers to claim tax exemption on the long-term capital gains arising from the sale of equity shares and other capital assets.

from Tax-Wealth-Economic Times https://ift.tt/L4IZqF8

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