By Raghunathan Parthasarathy

Thanks to technology upgradation and various zero brokerage platforms, access to the stock market has become convenient and simple. On this front, it is imperative to be acquainted with the tax obligations attached with the income earned from trading or investing in stocks and mutual funds.

Taxation of stocks and mutual funds : In addition to the profit or loss made on sale of stocks or mutual funds (referred as ‘sale income’), the said instruments can fetch dividends. The taxability of sale income and dividend work differently. Further, the taxability of sale income depends on the frequency/ quantum of sale made by the investor.

Taxability of dividend income : This is simple. Dividends are generally classified under “Income from

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