How will I benefit from Tax Loss Harvesting?

Tax Loss Harvesting is a strategy of selling underperforming stocks in your investment portfolio to offset capital gains and decrease your tax liability. By doing so, you can enhance tax-adjusted returns on your portfolio. India introduced a long-term capital gains tax on equity in 2018, with a 10% tax on gains above INR 1 lakh per year. To avoid this tax, investors use tax loss harvesting by selling underperforming investments to offset gains with losses. Learn more.
Was this helpful?

Haven't found the Answer to your Question?

Raise a Help Ticket