Best Wealthtech Award, Exit Nasdaq, Paytm, SGB and more (FREE)

Summary and Outlook

Dear User,

Huge investment gains, but tax worries keep you from selling? Holding until April for the new financial year might seem tempting, but remember:

• Long-term equity tax in India is just 10%. Focus on your investment goals, not taxes.

• Selling only defers taxes, does not avoid them. Stock prices can drop, hurting your returns.

• Wait only if the year-end is near and maximising tax breaks is crucial. The 1 lakh exemption applies each year.

• Investment decisions should be based on strategy, not taxes. Consult a financial advisor, but don't let taxes dictate your moves.

Interesting and Insightful Reads

1. A few thoughts on spending money by Morgan Housel - Read More

2. Why is Elon Musk worried about passive and index funds - Read More

3. Top Realtors go on buying spree - Read More

4. Why you are better off not borrowing - Read More

5. Nasdaq close to all time highs - Read More