Investors can use tax harvesting and tax loss harvesting to reduce the impact of taxes on their equity fund investments. Tax loss harvesting helps you make use of losses in equity funds to reduce your capital gains liability. Tax harvesting uses the LTCG tax-free window of Rs 1 Lakh to lower overall LTCG tax. Investors can use these tax saving strategies to minimize taxes and maximize wealth creation.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
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