Last updated: January 30th, 2023 5:13 PM
Equity shares and Tax planning
Traditionally people used to invest in FDs, Post offices, Bonds, etc but due to the increasing inflation and decreased interest rates people are now turning towards Equity shares and Equity Oriented funds. According to the SEBI data around 1.42 crores of new Demat accounts have been opened in the year 2021. The majority of the Indians prefer investment in the Share market in IPOs.Investing in equity shares will help in beating inflationary pressure by delivering as they give higher returns. But before investing they should consider the complexities.What are equity shares?
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