Impact Of Capital Gains Taxes On Your Mutual Fund Investments
Understand capital gains taxes to optimize your mutual fund investments. Learn tax implications, benefits of long-term holdings, and tax-saving strategies.
Understand capital gains taxes to optimize your mutual fund investments. Learn tax implications, benefits of long-term holdings, and tax-saving strategies.
Key Takeaways Tax deductions are reductions in the tax amount that a person has to pay by reducing the taxable income of an individual. Tax deductions under section 80D include health insurance premiums and other healthcare costs such as preventive health check-up payments made for self, spouse, dependent kids and parents. The maximum deduction for …
With the introduction of the new personal income tax regime for individual taxpayers in The Union Budget 2020, most of us are facing the dilemma of choosing between the new and the old tax regime. “Which one will benefit me more?” This question will inevitably be on top of every taxpayer’s mind, and part of dinner-table conversations …
To new or not to new: Tax regime confusion resolved Read More »
Did you know that you can be taxed on your mutual funds investments under capital gains taxes? These taxes can significantly impact your returns. Fret not, like every problem, this too has a solution. But before we explore strategies to minimise them, it is important to understand what capital gains mean. What are capital gains? …
Impact of capital gains taxes on your mutual fund investments Read More »