How to Pay ZERO Tax On Profits Of Mutual Funds and Stocks in India? Are there ways to avoid tax legally on the profits of Mutual Funds and Stocks in India?
Recent increases in capital gains taxation have evidently drawn the attention of mutual funds and stock investors. While I do not intend to question their motivations, it is pertinent to explore strategies for legally minimizing tax liabilities on profits from mutual funds and stocks in India, as well as to evaluate whether these options are worthwhile.
How to Pay ZERO Tax On Profits Of Mutual Funds and Stocks?
Before discuss about this, let us first understand the current taxation rules with respect to mutual funds and stocks. I wrote a detailed post on this after the Budget 2024. You can refer to the same in “Budget 2024 – New Capital Gain Tax Rules And Rates“.
Let us return to the primary objective of this post. Indeed, there are methods to incur no tax on the profits derived from mutual funds…