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Q » What is capital gain and how is it taxed?
01 Nov, 2025
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A » Capital gain is the profit realized when an asset is sold for a higher price than its purchase cost. It is subject to taxation, with rates varying based on the asset type, holding period, and local tax laws. Short-term gains, from assets held less than a year, are usually taxed as ordinary income, while long-term gains benefit from reduced rates. Always consult tax regulations or a professional for accurate guidance.
01 Nov, 2025
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