Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?
I'm seeking a cofounder for a clothing brand who could invest ₹20-50 lakh, or perhaps we could explore loan options.
1 replies1 like
RootDotAi
From the ROOT to the... • 1y
Key Things To do Before 31st March 2024
1 Invest in Tax Saving options
Those who have opted for old tax regime must invest in tax saving options like ELSS MFs, Tax saver FDs, Life Insuarnace, PPF etc to claim deductions u/s 80C of the income ta
See More
0 replies3 likes
Sagar Anantwar
•
SimpliFin • 7m
In Investing, 20% = 25%. I haven’t gone crazy…
When investing in stocks or smallcases, frequent rebalancing can severely impact your returns due to Short-Term Capital Gains (STCG) Tax. Here’s why:
🔹 Direct Stocks or Smallcase:
Frequent rebalancing
Hello medial community, please valudate this idea:
Imagine you or a loved one suddenly needs severe medical attention, but you don't have the money to pay for it right away. In India, many families face this challenge because they don't have health
Was it a Budget of expectations?
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime.
1. Standard Deduction Increase: T
ab kya bole turnover me hi 30% laga diya, I don't know ye News sahi hai ya galat but agar aisa ho raha hai to ye galat hai, 1% TDS thik hai, but crypto assets ke tax thora kum i think kiya ja sakta hai
6 replies14 likes
Rohan Saha
Founder - Burn Inves... • 2m
This morning, I shared a post about the 30% tax notice on crypto, highlighting that individuals are being asked to pay 30% tax on their total turnover. After discussing the issue with several people, I discovered that some Binance users have received
See More
0 replies5 likes
Tarun Suthar
•
The Institute of Chartered Accountants of India • 18d
I have got many DMs regarding ESOPs
So Let me Clear up here.
1. Are ESOPs free for employees?
ESOPs are granted for free, meaning the employee doesn't pay to receive the options.
However, to own the shares, the employee must pay the exercise price