ilmscore | Prediction Details
By Finance With Sharan | June 2, 2025 | Correct
Interpreted Prediction
Individuals can save approximately 15,625 rupees annually by booking long-term capital gains of up to 1.25 lakh rupees through a strategy called profit harvesting (selling and repurchasing investments after 12 months).
AI Evaluation Notes
The prediction states that individuals can save approximately 15,625 rupees annually by booking long-term capital gains of up to 1.25 lakh rupees. As per the Income Tax Act, long-term capital gains up to 1 lakh 25 thousand are exempt from tax, which at a 13% tax rate (as stated in the prediction) would result in savings close to 15,625 rupees [cite: i].

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