Reduce

How to reduce capital gains tax?

How to reduce capital gains tax?

By Moneybhai Taxpayers can reduce their long-term capital gains tax liability to meet their overall financial goal. The financial year is coming to a close. Some of you may be sitting on handsome gains if you’d made equity investments in time, as the markets have gone up around 90% in the past one year. If so, it is important to plan your long-term capital gains in equities as they are no longer tax free. Capital gains earned over and above ₹1 lakh on selling equities, including shares and…
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