FIIs avi vi sell kar rahe hai...
kya lagta hai kya LTCG tax hataya jayega budget se???
2 replies7 likes
Tarun Suthar
•
The Institute of Chartered Accountants of India • 1m
You still have to pay taxes if your income is below 12Lakhs.💀
Let’s talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If you’re already aware, great! But if not, this is essential to know—otherwise, you
Fashion retailer Raymond has approved the re-appointment of Gautam Singhania as Managing Director for a term of five years, effective July 1, 2024.
The company confirmed that the re-appointment aligns with the requirements stipulated by the Stock Ex
See More
1 replies6 likes
Sagar Anantwar
•
SimpliFin • 5m
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
₹1 Cr salary? You take home ₹65L after taxes.
₹1 Cr business profit? You keep ₹80L after deductions.
₹1 Cr in stock growth? ₹₹87.65L remains after 12.5% tax.
The system wasn’t designed for workers. It was built for owners.
Still chasing promotions
Simplifying Taxes on Stock Trading: FY 2024-25 🧾📊
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:
📈 Long-Term Trading
- ⏳ Holding Period: Over 12 months
See More
2 replies2 likes
financialnews
Founder And CEO Of F... • 5m
Pharma, Healthcare, and Banking Sectors Poised for Growth, Says Tata Mutual Fund Expert" should do the trick
Rahul Singh of Tata Mutual Fund Discusses Growth Potential of Active Funds, NFOs, LTCG Tax Impact, and Market Valuation Risks
Despite high
See More
0 replies
Hawk
•
Medial • 8m
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
🇮🇳 India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! 📉💸
Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t