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How to make tax gains on stock market losses
October 23, 2008
Tax implications of stock split
While a stock split results in an increase in the number of shares in an investor's hand, the total intrinsic value of the investment, however, remains unchanged.
The tax implications of dividends received on stock split and the capital gains are the same as tax implications of original shares, while the holding period for the purpose is reckoned from the stock's original date of purchase.
Tax on investments in mutual funds ...
Image: Stock traders are reflected on the glass partition of a dealing room at brokerage firm Motilal Oswal Securities Limited in Mumbai. | Photograph: Indranil Mukherjee/AFP/Getty Images
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