How are Equity Baskets taxed?
of stocks, the taxes are the same as equities. The same taxation guidelines
that apply for stocks apply for Equity Baskets as you're eventually holding
them in single stocks format.
Short Term Capital Gains (STCG) - Stocks sold less
than 12 months of holding period would be taxed at 15% of the gains. Not
applicable on losses.
Long Term Capital Gains (LTCG) - Stocks sold after
more than 12 months of holding period with a gain of over Rs.1,00,000 would be
taxed at 10% of the gains from Apr 1, 2018.
info, please refer to the FAQs drafted by the Central Board of Direct Taxes - http://incometaxindia.gov.in/News/FAQ-on-LTCG.pdf
dividend will be taxed only in the hands of the recipients at their applicable
Who manages Equity Baskets?
Equity Baskets are created and managed by Registered Investment Advisors (RIAs) who are SEBI-registered professionals.
What are Equity Baskets?
Equity Baskets are modern investment products that help you build alow cost, long term and diversified portfolio for your clients. · Each Equity Basket is a professionally managed basket of stocks or ETFs that reflects a strategy, idea or theme · ...
How do Equity Baskets work?
There are 3 parts to understand this: 1. Investing Your clients invest in Equity Baskets by using funds in their Broker account. They can either start an SIP or do a lump-sum investment. All invested Equity Basket constituents will be added to ...
How are Equity Baskets different?
Easy to use · Buy/sell multiple stocks in 1 click — Place orders for up to 50 stocks in a single click and save time. · Easy tracking & managing — Track investment's performance inclusive of corp. actions & dividends. · No ...
Why should my clients invest in Equity Baskets?
Equity Baskets are the easiest way to buy & manage multiple portfolios of stocks/ETFs. · Simple & versatile: Equity Baskets are based on relatable ideas and strategies which are easy to understand. · Diversified: Investing in multiple ...