I have two queries in this regard
-
If the investment is held exactly for 365 days - is it long term or short term ?
-
Is the Long term & Short term duration is same for all asset classes (Equity, Debt, MF, Forex etc.) ?
I have two queries in this regard
If the investment is held exactly for 365 days - is it long term or short term ?
Is the Long term & Short term duration is same for all asset classes (Equity, Debt, MF, Forex etc.) ?
thanks
And the taxes?
LTCG - 10% (on more more than Rs. 1L gains)
STCG - 15%
Is that right for equity? And what about bonds taxes?