How are Smartfolios investments taxed?
Smartfolios investments are taxed as you would be for transactions in stocks:
Gain Type | Time Period | Tax (%) |
---|---|---|
Short Term Capital Gains (STCG) | Gains on stocks sold within 12 months of purchase | 15% |
Long Term Capital Gains (LTCG) | Gains (over Rs. 1,00,000) on stocks sold after 12 months of purchase | 10% |
Dividends are taxed based on your individual tax bracket
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