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This fixed annuity is not a security and does not participate in any stock or equity investment. General Description: The POWER Index Choice Annuity is an annual reset single premium deferred fixed index annuity issued and guaranteed by American General Life Insurance Company (“AGL”). Guarantees are backed by the claims-paying ability of AGL. ... Retrieve Full Source

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In equity mutual funds or stocks which is held more than 12 months are considered a long-term capital asset and the profit arises on a sale of these assets are called as long-term capital gain. Govt. introduced in BUDGET 2018 LTCG TAX of 10% if the gain exceeds Rs 100,000 without allowing the benefit of indexation. ... Read Article

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