3 Steps to get ₹2.5 Lakh Monthly Passive Income | SIP + SWP [VIDEO]
Steps to get ₹2.5 Lakh Monthly Passive Income.. 1. Using SIP to accumulate 10 Lakh 2. Maintain the amount for compounding benefit 3. Using SWP for monthly income..
Steps to get ₹2.5 Lakh Monthly Passive Income.. 1. Using SIP to accumulate 10 Lakh 2. Maintain the amount for compounding benefit 3. Using SWP for monthly income..
Income Tax on SWP.. Withdrawals from SWP is taxed as STCG or LTCG. STCG tax rate is 20% while LTCG is taxed at 12.5% on profits above 1.25 Lakh in FY..
Benefits of SWP – covering the monthly expenses of household, travelling, achieving financial independence, retirement. SWP helps us to be financially free