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LTCG and STCG taxes on equity investements

Can someone here explain the LTCG and STCG taxation on equity investments (or maybe applicable to other asset classes also) ? From what I understand, LTCG is taxed at 10% on profits exceeding 1 lakh. However, when making a partial withdrawal, what exactly constitutes profit? let's say I have invested 10 lac in a mutual fund today and after 3 years grew to 13 lakhs with profit of 3 lakhs, now if I withdraw 2 lakhs after that 3 years, will be it be considered as profit withdrawal or the withdrawal of the principal that I invested? and what will be the taxes on that?

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jake_peralta_B99

Unemployed

6 months ago

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PitifulCode

Stealth

6 months ago

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jake_peralta_B99

Unemployed

6 months ago

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