Tax loss harvesting: You can set off the losses to reduce tax liability
Updated: 26 Jul 2022, 01:00 PM IST
TL;DR.
By turning a portion of your investment losses into tax offsets, a tax loss harvesting strategy can assist you in turning financial losses into gains. Read on to understand its working in reducing your tax liabilities.A tax loss harvesting method can help you transform financial losses into gains by converting a part of your investment losses into tax offsets.