Wednesday, March 26, 2025

Waiting till March 31, 2025, will be too late to save capital gains (LTCG) tax on equities this financial year

Save LTCG: Long term capital gains (LTCG) tax on equities is presently levied only if the gains is over Rs 1.25 lakh. However when we calculate, it shows taxpayers will save more LTCG tax on equities in FY 2024-25 than in FY 2023-24, but only upto a certain limit. Also March 31, 2025 is stock market holiday, so you need to use tax harvesting method by March 28, 2025.

from Tax-Wealth-Economic Times https://ift.tt/xqW9gCo

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