How to Save Taxes on Stock Market Investments

This week will come into effect only from April 2024. Currently, the bank or dealer will collect a 5% tax at source if you are investing more than 7 lakh rupees. But from now on, irrespective of the amount, they will collect a 20% tax. This means if you are investments 1 lakh rupees, 20,000 will be taken away immediately.