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WHAT IS STCG
NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun BiraniNRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...
US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassleIndians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
Market crash wipes Rs 34 lakh cr in March so far; can tax harvesting help investors?Amidst market volatility, investors can leverage tax harvesting to mitigate losses and reduce tax liabilities. Tax loss harvesting involves...
One-time capital gains set-off dropped in latest version of Income Tax Act 2025: How it impacts your tax billThe final Income Tax Act, 2025 has removed a one-time provision that allowed brought-forward long-term capital losses to be set off against...
Capital gains tax rules for FY 25-26: Experts explain STCG, LTCG tax rule changes they expect in Budget 2026As Budget 2026 approaches, taxpayers anticipate a more consistent capital gains tax framework. Experts suggest aligning holding periods for...
Gold taxation rules: How your gains from gold investment are taxed be it jewellery, SGBs, gold ETFs or mutual fundsNew gold investment tax rules took effect from July 23, 2024. As per the new rules, long term capital gains on physical gold, ETFs, and mut...
Capital gains: Latest LTCG and STCG rates and holding periods for various assets for AY 2025-26Recent changes in capital gains taxation, including updates in Budget 2024, impact holding periods and tax rates for various assets. While ...
Capital gain tax ready reckoner: Listed equity, unlisted equity, gold, house property, and other assets for ITR filing FY 2024-25 (AY 2025-26)Latest Capital gain tax rules: The capital gain tax rules were changed in the mid-year from FY 2024-25 (AY 2025-26). Due to this, a taxpaye...
87A and STCG: Will recent ITAT ruling on Section 87A allow taxpayer to claim 87A rebate on Short term capital gains while filing ITR?A recent ITAT Ahmedabad ruling has sparked hope for taxpayers seeking Section 87A tax rebates on short-term capital gains (STCG) for FY 202...
No income tax rebate under Section 87A even if income is less than Rs 7 Lakh under new tax regime in this situation, point out CAsChartered Accountants have raised concerns about the denial of Section 87A tax rebates to eligible taxpayers with special rate incomes like...
Taxable income below Rs 7 lakh: Will you pay zero income tax if this income includes LTCG and STCG for FY 2024-25?Zero tax on incomes up to Rs 7 lakh: Budget 2025 clarified that tax rebate under Section 87A will not be available to incomes that are taxe...
Think market income below Rs 12 lakh is tax free? TaxBuddy founder warns how this common mistake could attract big tax noticeMany Indian retail investors are surprised to learn that earning under ₹12 lakh in the stock market doesn't guarantee tax exemption. Confus...
Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was wonSection 87A: Tax rebate under Section 87A was not given on special rate income like STCG since July 5, 2024. Many taxpayers who could claim...
Claimed 87A tax rebate for STCG in your ITR? You may get tax demand noticeIncome tax rebate: Income tax rebate under section 87A is not available for Long Term Capital Gains (LTCG). "Earlier the Income Tax Utility...
What is the best investing strategy in a tax hiked environment?Financial assets like shares or mutual funds are subject to different tax rates depending on the holding period. Gains from assets held ove...
Changes in taxation for mutual fundsThe Union Budget 2024-25 updated capital gains taxes for financial assets. Equity-oriented mutual funds now have an LTCG tax exemption up t...
You cannot claim common tax breaks under Sections 80C to 80U for LTCG or STCGIt is thought that taxpayers can claim deductions under sections 80C to 80U of the Income-tax Act from gross total income to reduce the tot...