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What are Capital Gains?
DeFine Glossary #9
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Defined:
Capital Gains
The
increase in value
of an investment between the time it is bought and the time it is sold.
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Example:
You purchase a 10gm gold coin for ₹52,600.
After six months, you sell it for ₹70,000.
Your capital gain is (70k-52.6k) ₹17,400
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A fancier term for profit 🎩
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