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    HomeNewsBusinessPersonal FinanceITR filing 2024: How tax harvesting can slash the tax payable, boost returns

    ITR filing 2024: How tax harvesting can slash the tax payable, boost returns

    In tax harvesting, long-term capital losses can only be set-off against long-term capital gains, while short-term capital losses can be set-off against either short-term or long-term capital gains.

    Abhinav Kaul
    July 22, 2024 / 08:47 IST
    By offsetting capital gains with capital losses, investors can significantly reduce their tax bill.
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