However, if you are someone who likes to learn (It’s not tough to learn about mutual fund investment), you can invest in the direct mutual fund and save that extra expense ratio. I do recommend you read about theExpense ratioonce to learn the basics of it. Now, what’s interesting h...
With regards to the introduction of the long-term capital gains tax (LTCG) on equity and equity-oriented mutual funds, there is another aspect of taxation. I told that you will have to pay a 10% tax on long-term capital gains from equity above Rs 1 lac a year. But all your long te...
Frequently alluded to as credit reserves or fixed pay reserves, debt funds fall under the fixed pay resource class. These okay vehicles are generally looked for by financial backers hoping to save capital and accomplish okay pay disseminations. How do debt funds work? Debt funds imply that thes...
One-time KYC (Know Your Customer): One-time KYC registration is mandatory to invest in mutual funds. You can complete the same by submitting the following at any of our branches or collection centres: a) Duly ...
Funds,Stocks, Bond, Gold, Land, or Property.Tax classified as Long Term Capital Gain Tax(LTCG) and Short Term Capital Gain(STCG) is based on the asset you sold, the time period you owned the asset. Details in our articleCapital Gain Calculator on Sale on Property, Mutual Funds, Gold, ...
Capital Gains On Long-Term Holdings (LTCG) An equity share seller can realise a long-term capital gain (LTCG) or a long-term capital loss (LTCL) depending on the conditions of the sale of the equity shares. To avoid paying income tax in the long term on the profits, analyse its stock...
That’s how much you need to invest every month to get Rs 10 crore in 15 years for your retirement. You might have already noticed, higher the return expectations, the lower the required monthly investment. Please note that due toLTCG tax on equity investments, the actual amount that you ...
to save brokerage one may transfer shares in Demat account to another or one likes the interface of a broker or there is a change in investment strategy. This process can be online or offline. It depends on the depository CDSL or NSDL of your Demat Accounts.The transfer may either be ...