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Vipul Bansal

Stealthย โ€ขย 1m

Simplifying Taxes on Stock Trading: FY 2024-25 ๐Ÿงพ๐Ÿ“Š 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: ๐Ÿ“ˆ Long-Term Trading - โณ Holding Period: Over 12 months - ๐Ÿ’ฐ Tax Rate: 12.5% (after โ‚น1.25 lakh exemption) - ๐Ÿ”„ Capital Loss: Offset against long-term gains, carry forward up to 8 years ๐Ÿ“‰ Short-Term Trading - โณ Holding Period: Less than 12 months (more than a day) - ๐Ÿ’ฐ Tax Rate: Flat 20% (irrespective of your slab) - ๐Ÿ”„ Capital Loss: Offset against short/long-term gains, carry forward up to 8 years ๐Ÿ’น Intraday Trading - โณ Holding Period: Same-day buy & sell - ๐Ÿ“œ Treatment: Speculative business income - ๐Ÿ’ฐ Tax Rate: As per your applicable slab - ๐Ÿ”„ Speculative Loss: Offset only against speculative income, carry forward up to 4 years ๐Ÿฆ Dividends & Derivatives - ๐Ÿ’ฐ Taxed: At your applicable slab rate CA Vipul Bansal 7017759459 #TaxPlanning #SmartInvesting

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