News & Media 17th Feb 2024

How selling equities before March 31 can help you save income tax

Authors

Mitesh Jain Partner | Mumbai

Latest Thought Leadership

Podcasts 24th Jun 2024

ELP Podcast Series: Ghar Wapsi: Toiling the way to Reverse Flip the Externalised Structures

Read More
Alerts & Updates 24th Jun 2024

Trade Update – June 24, 2024

Read More
Alerts & Updates 24th Jun 2024

Key proposals by the 53rd GST Council

Read More
News & Media 21st Jun 2024

With Legacy Issues Unlikely To Be Resolved, GST Council Expected to Focus on Industry Concerns

Read More

Individual taxpayers do not have to pay income tax on long-term capital gains (LTCG) up to Rs 1 lakh earned on the sale of equity shares or equity-oriented mutual funds. Gains from selling of equity shares and equity oriented MFs is considered long-term if it is sold after holding for 12 months or more.

Our Partner Mitesh Jain talks to Neelanjit Das from The Economic Times about the long term capital gains tax in the article “How selling equities before March 31 can help you save income tax”.

Read the detailed article here

The story has been covered in ET Now as well