Long-term Equity Gains are Tax-free | Value Research There are no tax liabilities on long-term capital gains from shares & equity mutual funds...
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Long-term Equity Gains are Tax-free

There are no tax liabilities on long-term capital gains from shares & equity mutual funds...

I have recently booked some profits from shares and mutual funds. Will I face any tax liabilities?
- Vikas Gaurav

There won't be any tax liabilities if you’ve held the investments for more than 1 year. Long-term capital gains from equity are tax-free in the hands of the investor. As long as the redemption proceeds are STT charged, there will be no tax to be paid.



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