Capital Gains Tax: What Every First-Time Investor Should Know

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 Just sold your first mutual fund or crypto? You may owe capital gains tax. If you sold after one year, it’s long-term; if within a year, it’s short-term—and the tax rates vary. For equities, long-term gains above ₹1 lakh are taxed at 10%. For others, rates can go up to 20%. Filing your ITR without declaring these gains can trigger scrutiny. So, track your sale dates, collect your capital gain statements, and stay compliant. It’s not just tax—it’s financial maturity.


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