Isn’t it better to sell IDFC before they go ex- dividend, at least for some of us who are in the upper tax paying bracket? I was thinking I should sell IDFC and pay 10% long term capital gains, rather than earn the dividend and pay 30% income tax on it. Then I can of course buy back IDFC after it goes ex- dividend.
Or I can switch to IDFC First because there is no dividend tax angle there now. Am I missing something?
| Subscribe To Our Free Newsletter |
