Tax Loss Harvesting

What do you mean by capital gains?

Capital gains means, any gain arising on the sale of capital assets such as real estate, equity or equity-oriented products. Here we are discussing about the capital gains arising on sale of equity and equity-oriented funds. Now, investment in shares or equity oriented mutual funds can be done for short-term or long-term period. Short term means investing for a period of up to 12 months and long-term means investing for a period of more than 12 months.