Investing in shares
This query is : Resolved
26 October 2015
helo , does investing in shares out of accumulated savings is taxable .,investment of 3 lacs
26 October 2015
investing by itself is not taxable. But in case you sell the shares and make profits out of it then you will have to pay taxes. However, any dividend earned in exempt. In case you hold the shares for more than 1 year subject to conditions the gains will be exempt.
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