Hi
I am a salaried individual. I have recently started investing in stock. I just wanted to know if i buy and hold a stock for atleast one year then i dont pay any tax on the profits whatsoever once i sell it? Do i have to file returns for the profit or will the profit be added to my gross annual salary and be taxed?
Regards
Dhiman
I am a salaried individual. I have recently started investing in stock. I just wanted to know if i buy and hold a stock for atleast one year then i dont pay any tax on the profits whatsoever once i sell it? Do i have to file returns for the profit or will the profit be added to my gross annual salary and be taxed?
Regards
Dhiman