LTCG @10% beyond 12 months is not a good idea because the returns on stock investment is never guaranteed, like agriculture. For example, today markets falling by 800 points, investors lost by huge amounts. At least LTCG should be zero beyond 3 years of investing period.
LTCG @10% beyond 12 months is not a good idea because the returns on stock investment is never guaranteed, like agriculture. For example, today markets falling by 800 points, investors lost by huge amounts. At least LTCG should be zero beyond 3 years of investing period.
STOCK MARKET HAS BECAME MORE SPECULATIVE THAN PURE TRADING.NO ONE CANNOT UNDERSTAND WHY ONE IS BUYING OR SELLING AT ALL LEVELS.TRADING HAS BECAME SO IDIOTIC WAY ONE BUYS AT HIGH LEVELS AND SELL AT LOW LEVELS.PURE TRADING STANDARDS HAVE BECAME DISGUISTING AND DEGRADING
Ifeel it has been brokerges-made / induced selloff to re-enter in a bigway, else no justification for any fall o the basis of 10% LTCG faces software hurdles to identify, disseminate the fit cases and the additional tax vis-a-vis overall IT.