What is loss harvesting? What do you think the benefit might be to loss harvesting?
Please help me with the following discuission questions: Current or past business, where you have seen an example of them Harvesting the investment? What is loss harvesting? What do you think the benefit might be to loss harvesting?
Loss harvesting is used to reduce tax liability on investment. In tax-loss harvesting, you sell your stocks/funds units at a loss to reduce your tax liability on capital gains. It is a method to offset the capital gains made on equity against the suffered to pay a lesser amount of tax.
March 2020 has been a bad month for equity investors with markets in a literal nosedive. Although December 2019 and January 2020 were good months for the markets, the fear of the economic impact of covid-19 sent markets into a frenzy in February and march this year.Here is a quick look at how the nifty 50 Index performed over the financial year.
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