Simplifying Taxes on Stock Trading: FY 2024-25 ๐งพ๐ Taxes on stock trading can feel daunting, but a clear understanding helps you keep more of your gains! Here's an easy-to-follow guide: ๐ Long-Term Trading - โณ Holding Period: Over 12 months - ๐ฐ Tax Rate: 12.5% (after โน1.25 lakh exemption) - ๐ Capital Loss: Offset against long-term gains, carry forward up to 8 years ๐ Short-Term Trading - โณ Holding Period: Less than 12 months (more than a day) - ๐ฐ Tax Rate: Flat 20% (irrespective of your slab) - ๐ Capital Loss: Offset against short/long-term gains, carry forward up to 8 years ๐น Intraday Trading - โณ Holding Period: Same-day buy & sell - ๐ Treatment: Speculative business income - ๐ฐ Tax Rate: As per your applicable slab - ๐ Speculative Loss: Offset only against speculative income, carry forward up to 4 years ๐ฆ Dividends & Derivatives - ๐ฐ Taxed: At your applicable slab rate CA Vipul Bansal 7017759459 #TaxPlanning #SmartInvesting
Have you ever wondered how millionaires build lasting wealth and freedom? ๐๐ฉ๐ช๐ญ๐ฆ ๐ฎ๐ข๐ฏ๐บ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ "๐ฆ๐น๐ฑ๐ฆ๐ณ๐ต๐ด" ๐ฆ๐ฎ๐ฑ๐ฉ๐ข๐ด๐ช๐ป๐ฆ ๐ฉ๐ถ๐ด๐ต๐ญ๐ฆ ๐ข๐ฏ๐ฅ ๐จ๐ณ๐ช๐ฏ๐ฅ. (๐๐บ ๐๐๐) . ๐ญ. ๐ฐ ๐๐ผ๐ฐ๐๐ ๐ผ๐ป ๐ฃ๐ฎ๐๐๐ถ๐๐ฒ ๐๐ป๐ฐ๐ผ๐บ๐ฒ: T
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