US considering to increase capital gains tax to 44%.
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Hawk
•
Medial • 4m
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
The 3 Streams Of Income
Rental Property:
From renting out property
Royalty Income:
From others using your work
Capital Gains:
When assets increase in value
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Sagar Anantwar
•
SimpliFin • 27d
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
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?
During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India.
A video of Sitharaman facing criticism from a stock market broker has gone viral.
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Mahendra Lochhab
Stealth • 3m
51 lakh Indians filed Income Tax returns this year, an increase of 7.5% from the previous year.
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Ambalal Prajapati
Stealth • 4m
Hey Guys
Raymond demerging it's real estate business where shareholders are given 1 shars of every 1 share held in Raymond
Do you know at the time of shares transferred it will not be considered for capital gains under income tax
It will be consid
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RootDotAi
Stealth • 8m
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
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Shubham Jain
Stealth • 3m
ITR Forms for Stock Market Income📈
A lot of people have been asking about which ITR form to use for stock market income. Here's a quick guide to clear up any confusion 👇
1. Salary + Capital Gains: ITR-2
2. Salary + Capital Gains + Intraday Tradi
HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES
Based on Earnings from different departments
₹27 - Borrowings & other liabilities
₹19 - Income Tax
₹18 - GST & Other Taxes
₹17 - Corporate Tax
₹9 - Non-Tax Receipts
₹5 - Union Excise Duties
₹4 - Cus