Maximizing Tax Savings from Stock Market Losses Stock market losses—whether from direct equities or mutual funds—can be disheartening. However, they present a rare opportunity to mitigate your overall tax liability through capital loss set-offs. Here’s how strategic investors can take advantage of this benefit. Set-Off Against Gains Understanding Set-Off Capital losses can be set off against capital gains to reduce taxable income: Short-term capital losses (STCL): Can be set off against both short-term and long-term […]
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.