14
Apr
Bengaluru (Karnataka) [India], April 14: Tax loss harvesting is a practical method that helps investors reduce their tax liabilities and increase the post-tax returns on their portfolios. By selling off underperforming securities in their portfolios, investors can employ a tax loss harvesting strategy to lower their tax obligations. The recommended course of action under this strategy involves selling underperforming stocks or equity funds, realizing losses along the way, and then offsetting them against capital gains. How does it work? A profit made by an investor from the sale of securities held for less than a year is referred to as STCG(short-term…
