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Updated Dec 30, 2020 | 12:44 IST
All the equity products available in the markets are not the same when taxation on the returns from these products are concerned. Representational image
New Delhi: Equity and equity related products are gradually gaining significance in India as more and more retail investors are now investing in it. Return wise also equity products hold the potential to deliver superior returns than any other category of investment although volatility of returns is high in these products. Other than returns, these products are tax efficient as well when compared to debt products.
However, all the equity products available in the markets are not the same when taxation of returns from these products are concerned. They not only differ in terms of features, but also purpose and taxation. For example, for stocks and equity-oriented mutual funds, long term is defined as more than one year, but for Ulips the parameter is different.
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