06/05/2021
Want to invest in stock markets? These taxes will eat into your returns.
With small savings and deposits rate gradually declining every year, investors have an option to put their hard earned money into stock market and earn more profit. However, investment into stock market comes fraught with risks and taxes which will minimise your returns. There are multiple levels of taxation that impact your earnings from the stock markets, some directly and others indirectly. As an informed investor, it is useful to know how much tax we have to pay to the government while trading in stock markets.