Founder - Burn Inves...ย โขย 8m
UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach a maximum of 9.7%. Furthermore, the upcoming budget is a significant concern with only 10 trading sessions left before it is announced. If LTCG (Long Term Capital Gains) and STGC (Short Term Capital Gains) taxes are increased, the Indian market might fall further. At that time, valuations won't matter; post-tax profit will be crucial. The hope is for some tax deductions, not the opposite. Currently, the Indian economy is entirely dependent on the Finance Minister.
Founder - Burn Inves...ย โขย 6m
When comparing capital gains tax across different countries, India's main competitors are China and Brazil. Interestingly, both China and Brazil impose higher capital gains taxes than India. However, it's important to note that India also levies a Se
See Moreย โขย
The Institute of Chartered Accountants of Indiaย โขย 7m
You still have to pay taxes if your income is below 12Lakhs.๐ Letโs talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If youโre already aware, great! But if not, this is essential to knowโotherwise, you
See MoreHey I am on Medialย โขย 1y
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.
See MoreParter@Finshark Advi...ย โขย 8m
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
See MoreChartered Accountant...ย โขย 5m
Summary of action points Before March 31, 2025 โ Review tax-saving investments. โ Pay pending taxes/advance tax. โ Submit investment proofs to employer (if salaried). โ Plan capital gains/losses for tax efficiency. โ Update financial records for the
See Moreย โขย
SimpliFinย โขย 10m
In Investing, 20% = 25%. I havenโt gone crazyโฆ When investing in stocks or smallcases, frequent rebalancing can severely impact your returns due to Short-Term Capital Gains (STCG) Tax. Hereโs why: ๐น Direct Stocks or Smallcase: Frequent rebalancing
See MoreDownload the medial app to read full posts, comements and news.