In Mutual Fund Investments, there are two types of gains that an investor can earn. The first one is earnings from Dividends & the second one is earnings from Capital Gain. In Capital Gain, there are two types w.r.t Income Tax Act.
- Short-Term Capital Gain
- Long-Term Capital Gain
In this blog, we are going to see how to measure the gain and what are the tax implications of Long-Term Capital Gain.
What is Capital Gain?
As per Wikipedia, the definition of Capital Gain is;
“Capital gain” is an economic concept defined as the profit earned on the sale of an asset that has increased in value over the holding period. An asset may include tangible property, a car, a business, or intangible property such as shares. Read More......
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