Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Money / Personal Finance/  How much tax do you pay on your equity investment
BackBack

How much tax do you pay on your equity investment

Capital gains tax is based on the period of holding
  • Taxes reduce the overall returns that you can get from a product
  • An investor must take a careful look at the suitability of an investment in terms of taxes too (Photo: iStock)Premium
    An investor must take a careful look at the suitability of an investment in terms of taxes too (Photo: iStock)

    Equity as an asset class is an important portion of an investor's portfolio. However, tax rules vary for di¬erent types of equity instruments. For example, capital gains tax is based on the period of holding. So for stocks and equity-oriented mutual funds, long-term is de ned as more than 1 year, but for Ulips this parameter doesn’t apply. Taxes reduce the overall returns that you can get from a product. Given that di-erent equity assets attract di¬erenttax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too. Here's a look at what the various taxes are.

    Here's a look at what the various taxes are
    View Full Image
    Here's a look at what the various taxes are

    Click here to see the enlarged version of the graphic

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 24 Sep 2019, 11:15 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App