The best option is to go for one time investment in SIP of Aditya birla sun life PSU equity oriented fund and purchase some RBI denominated 2.5% Sovereign Gold Bonds of 2030 or 2031 issue i.e buy digital gold at today's rate and sell it when you've marriage on head, at market price of that time...
The best option is to go for one time investment in SIP of Aditya birla sun life PSU equity oriented fund and purchase some RBI denominated sovereign gold bonds i.e buy digital gold at today's rate and sell it when you've marriage on head at market price of that time. Planning for marriage, then...
Hello Nikhil,
Your NPS is a pension scheme which is held till your retirement age comes and it takes a time of atleast 25-30 years to mature which cannot be discarded by temporary fragmented news. So hold on to your pension fund to unfold the maturity value quite well. Also of you want extra...
For instance
Eg-1. You purchased 110 RIL shares at 2000 on 1 April, 2023 and sold it on 2 April, 2024 for 3000, now your LTCG will be - (3000-2000)*110= 110000.
Tax on LTCG - (110000-100000)*10%= 1000
Eg-2. You purchased 110 RIL shares at 2000 on 1 April, 2023 and sold it on 31 March, 2024...
Hello Pahulpreet Kaur,
Under section 112A of Income Tax Act, 1961, any long term capital gain(LTCG) on equity shares, unit of equity oriented mutual fund, unit of business trust is exempt upto Rs. 100000 ( aggregate), but exceeding 100000 it is taxable @ 10% without any indexation benefit.
LTCG...