17 October 2022
Hello, I have been investing as an individual in Equities and paying LTCG/STCG at 10 and 15% respectively. I'm exploring to build up my portfolio using borrowed funds that I understand could be expensed from profits made.
Which would be a tax efficient structure that would help me borrow funds and reduce or minimize the net income tax rate?
I have researched LLC and Pvt.Ltd structure wherein the tax rates are 30% and 27% including surcharge. Please guide and advise the ideal solution.
CAclubindia
