Taxes & charges
What is Tax-loss harvesting?
Hinglish mein padhein: Tax-loss harvesting kya hota hai?
Tax-loss harvesting means booking losses on investments to offset taxable capital gains in the same year.
Short-term losses can be set off against both short- and long-term gains; long-term losses only against long-term gains. Unused losses can be carried forward for eight years if you file your return on time.
Talk to a tax professional before acting — rules change and personal situations differ.