Equity Shares For Long Term In Harris
Description
Form popularity
FAQ
Long-term gains and losses Capital assets that you hold for more than one year and then sell are classified as long-term on Schedule D and Form 8949 if needed. The advantage to a net long-term gain is that generally these gains are taxed at a lower rate than short-term gains.
Long-term capital gains (LTCG) tax on shares applies to profits made from selling equity shares held for more than one year. Under the current tax regime, gains exceeding Rs. 1.25 lakh in a financial year are taxed at a rate of 12.5%. This change aims to provide a uniform tax structure for all financial assets.
Generally, if you hold the asset for more than one year before you dispose of it, your capital gain or loss is long-term. If you hold it one year or less, your capital gain or loss is short-term.
Holding Period: To qualify for long term capital gains treatment, an investor must hold the asset for a minimum period of one year or more in case of equity-oriented funds and three years or more in case of other than equity oriented funds.
Long-Term Capital Gains arise when you sell shares listed on a recognised stock exchange after holding them for more than 12 months. This holding period qualifies the gains as "long-term," as opposed to "short-term," which applies to shares held for 12 months or less.
By focusing on fundamentals like holding quality investments for the long term, doing thorough research rather than following tips, and maintaining discipline during market volatility, investors can build wealth steadily over time.
Selecting the best stock for long-term investment involves thorough research and analysis. Start by looking at the company's financial health. Check its revenue, profit margins, and debt levels. Next, consider the industry. Invest in sectors with strong growth potential.
By focusing on fundamentals like holding quality investments for the long term, doing thorough research rather than following tips, and maintaining discipline during market volatility, investors can build wealth steadily over time.
