How stock market traders can reduce their capital gains tax even under new tax regime at the time of ITR filing
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Stock market traders can reduce their capital gains tax, even under the new tax regime, by understanding set-off and carry-forward loss rules. These rules vary for speculative and non-speculative income, with different carry-forward periods. A new tax bill introduces a one-time relief measure for accumulated capital losses, allowing broader set-offs for eight assessment years.
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