Equity Mutual Funds invest money in equity stocks for long-term gains. Read our guide to learn the types of equities and how to start investing in them.
Impact:A higher tax rate can significantly reduce net returns for short-term investments. Long-Term Capital Gains (LTCG):some text Holding Period:More than three years. Impact:Indexation adjusts the purchase price for inflation, effectively reducing the taxable amount and resulting in lower tax lia...
If you sell off your equity investment within a year, it is accounted for as a short-term capital gain. It is subject to STCG rate of 15% (plus 4% cess) irrespective of your income tax bracket. Long-Term Capital Gains LTCG is the equity investments that are redeemed after 12 months. ...
An investor has to pay taxes on profit or capital gains made in mutual fund transactions. There are two types of capital gains taxes on mutual fund profits – short-term capital gains tax or STCG and long-term capital gains tax or LTCG. The tax rate depends on the type of mutual fund ...
The managers make timely calls if they see any interest rate risk on their holdings, which could otherwise be difficult for just an individual investor Better Post Tax Returns Short-term capital gains from liquid mutual funds and debts are taxable as per your tax slab. ...
An asset is something that in the future can generate cash flow, reduce expenses or improve sales, irrespective of whether it is production equipment (tangible) or a patent (intangible).Answer and Explanation: When the value of an acquired asset on...
State true or false and justify your answer: For corporations with low taxable income (less than $100,000), the effective tax rate can be as much as 40%. What is the difference between marginal tax rate and average tax rate? Explain and calcula...
However, a tax of 10% would be levied on long-term capital gains (LTCG), sans indexation benefit. On the other hand, short-term capital gains made on gold and debt ETF units held for less than three years are taxed according to the applicable income tax slab rate. Lower expense ratios...
“In this world nothing is certain but death and taxes”said Benjamin Franklin (Founding father of USA and face on America’s One hundred dollar bill/note). Table of Contents Overview of Advance Tax Advance tax, as the name implies, is the tax that one pays in advance. Advance tax is ...
Is a focused fund better than a diversified equity fund? Do focused funds have a lock-in period? Who should invest in focused funds? Are focused funds risky? Can we do a SIP in focused funds? How long should I hold my focused fund investment?