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As you know that upto a booked profit of Rupees 1 lakh in a Financial Year, Long Term Capital Gains Tax in India is nil.
Profit Harvesting is basically booking a profit upto 1 lakh so that you don’t have to pay any tax, but still realize some return in a FY.
At the end of a Financial Year, if you want to, we help you execute Profit Harvesting.
<aside> ⚠️ A drawback of Profit Harvesting -
[ ] As a generally accepted phenomena, the more you press the Sell button in market, the lesser your returns become.
If you believe in this, Profit Harvesting is not for you.
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