What is the best investing strategy in a tax hiked environment?

Financial assets like shares or mutual funds are subject to different tax rates depending on the holding period. Gains from assets held over a year (long-term) are subject to long-term capital gains tax (LTCG), while those held less than a year (short-term) are subject to short-term capital gains tax (STCG). The recent Union Budget increased LTCG on gains exceeding ₹1.25 lakh to 12.5% (from 10%) and STCG to 20% (from 15%).