1. LTCG was introduced in Budget 2018 with a tax of 10% on profits made above Rs.1 lakh on selling of equity shares & mutual funds.

Every long term investor wants to save tax on capital gains, but how?

This thread talks about a simple way "Tax Loss Harvesting"

2. Tax Loss Harvesting is a way in which your capital gains are set off against your capital losses from buying & selling stocks

How does that work? Let’s take an example.
3. Say, u booked capital gain for the year Rs. 25000.

For TLH, sell underperforming stock at capital loss, say of Rs 20000.

Now, u need to pay tax on 25000-20000 = Rs.5000

This helps you to save tax on extra 20000 had you not set off your loss against the gains.
4. What if you don't want to sell loss making investments?

No worries, you sell in this fin. yr, say on 31st March & buy again in next day i.e. next fin. yr on 1st April.

With discount brokers, transaction cost is zero.
5. Consider the following before you make your decision as it may not be the right strategy for all investors.

•Tenure of investments.
•LT capital losses can be set off against only LT capital gains.
•ST capital losses can be set off against any capital gains.
6. Check out our blog on Tax loss harvesting to know more at https://t.co/IlbSrGe7We

If you found this helpful, do like and retweet.

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Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.


After removing the sandal paste,day long rituals & various abhishekam will be
https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year


as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.