4 of 74 terms in Tax
Terms starting with C
The profit made when you sell or redeem an investment for more than it cost; taxed as short- or long-term depending on how long you held it.
Tax
Terms starting with L
LTCG
Long-Term Capital GainsGains on assets held longer than a set period; for listed shares and equity-oriented funds, that currently means more than 12 months.
Tax
Terms starting with S
STCG
Short-Term Capital GainsGains on assets sold within a set holding period; for listed shares and equity-oriented funds, gains on holdings of 12 months or less.
Tax
Terms starting with T
TDS
Tax Deducted at SourceTax withheld by the payer — an employer, bank or fund house — before paying you, and credited against your final tax for the year.
Tax