A Step-by-Step Guide to Tax Harvesting for FY 2025 Tax harvesting is a strategic approach to minimizing tax liabilities by selling and repurchasing securities to realize capital gains or losses effectively. Let's understand how it works: - What Is Tax Harvesting? Tax harvesting is a strategic approa...
Understanding STCG, LTCG, and Their Tax Implications for FY 2025 In India, capital gains from stocks and equity investments are categorized into Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) based on the holding period. With the revised tax rates and exemption limits for FY 2025...
Upcoming Budget 2024: Key Personal Taxation Changes to Watch For Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 on July 23. This Budget aims to balance taxpayer relief with measures to maintain fiscal discipline. Here are the key anticipated changes around persona...