Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

Premium: The Bonus Stripping Portfolio To Reduce Your Taxes

capital-mind-premium-featured-image.png

Nothing is certain except Death and Taxes, wrote Benjamin Franklin. What if you can avoid paying some taxes through legally accepted tax saving transactions? In equity markets, while long term gains are tax free, short term gains are taxed at the rate of 15%. (For India) We've done our fair share of both, but the short term engulfs the longer term. We have made profits on buybacks - a 36% in the last one year. Two of them came recently, in MPhasis and in TCS. And there's HCL Tech too. And then, we booked a 24% gain in the . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial