SquishyTaco
SquishyTaco

More taxes

All the UNBOOKED Gains in your Portfolio would now attract -

25% MORE LTCG (10% to 12.50% is NOT 2.5%, but 25% more), Surcharge extra as applicable.

33.33% MORE STCG (15% to 20% is NOT 5%, but 33.33% more), Surcharge extra as applicable.

5mo ago
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FluffyCupcake
FluffyCupcake

It all depends on the gains, exemption limit is raised to 1.25 lakhs.

Having said that, increase in LTCG is disappointing

SleepyCoconut
SleepyCoconut

So we can harvest long term gain upto 1.25 lakh now?

GigglyPotato
GigglyPotato
Student5mo

Unbooked? Isn’t it at the time of liquidation?

SnoozyJellybean
SnoozyJellybean

I dont think taxes are applicable on unrealised gains at least when it comes to domestic stocks and MFs

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by FluffyDumplingMongoDB

Investing in US Stock Market

Can someone share in detail how can I invest in US Stock Market from India, what would be the remmitance charges and what are the tax implications, other things to keep in mind l, etc etc..