Understanding capital gains tax: How you are taxed on property sale, mutual funds
By Adhil ShettyFirst Published Nov 3, 2017, 8:24 PM ISTHighlights
- Capital gains as the term suggests is the profit that an investor gets when he sells capital assets like stocks, bonds or real estate at a higher price than its buying price.
- Capital gains tax is levied on any income which has been derived from selling any capital asset.