How are Smartfolios investments taxed?
Smartfolios investments are taxed as you would be for transactions in stocks:
|Gain Type||Time Period||Tax (%)|
|Short Term Capital Gains (STCG)||Gains on stocks sold within 12 months of purchase||15%|
|Long Term Capital Gains (LTCG)||Gains (over Rs. 1,00,000) on stocks sold after 12 months of purchase||10%|
Dividends are taxed based on your individual tax bracket
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