Back
Utkarsh
Every Trand Makes Ne... • 5m
Hai bhai! Today I came across a really interesting topic that I'd love to share with you all .it is called "Loss Harvesting" and it can actually help you save on taxes. Let me explain it in a very simple way. Suppose you made an investment (stocks, mutual funds, etc) and faced a loss. Let’s say you invested ₹10000 and now it is worth only 6000 , that means you have a loss of 4000. Now here’s the smart part you can use this 4,000 loss to adjust your profits from other investments. And the best part is In India, short-term capital losses can be carried forward for up to 8 years. let’s say next year you make a profit of ₹4000 on some investment ,you can adjust your old loss with this gain and your taxable profit becomes zero, which means no tax at all! 😎 have you like this information 🙄
More like this
Recommendations from Medial
Mr Millionaire
Hey I am on Medial • 10m
hey,, I'm millionaire and I will give u a idea where u can cover your loss into profit... in your own business... yesterday evening I have sell a product in 80 rupees but the buying value is 85 rupees... now the question is why I get loss there?.. h
See More
Sameer Patel
Work and keep learni... • 1y
Cost Inflation Index The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year. Example: If you b
See More
Business karo India
Business karo India ... • 4m
Do you agree **Two types of startups dominate India today:** 1. **Profit-focused startups** – They grow steadily, solve real problems, and build sustainable models. 2. **Valuation-focused startups** – They chase funding, burn cash on discounts, an
See More
Download the medial app to read full posts, comements and news.