Related Videos: What are Bonds (Debt)? ua-cam.com/video/e5g4ZTH76FQ/v-deo.html Understanding Share Market: ua-cam.com/video/8_uAwsJroB0/v-deo.html Investment Priorities for Maximum Tax Savings (USA): ua-cam.com/video/nIUxfSXEdHQ/v-deo.html Index Fund Investing: ua-cam.com/video/RnBpP-lHNgw/v-deo.html Early Retirement Path: ua-cam.com/video/QGvV-_PRKIo/v-deo.html Nasdaq 100 Vs S&P 500: ua-cam.com/video/FkG_l6cfwPM/v-deo.html
Sir , if my capital gain is one lakhs and the capital amount to gain it was 6 lakhs...I should sell the whole 7 lakhs funds and buy again right ? To save tax on that one lakhs
I had this doubt for a long time and sir you have just cleared it with ease... I am your subscriber when you had only 50 subcribers for your channel. I am motivated to invest in stocks only after i started watching your videos. Last one year I have started investing in equity and I have made good progress. Thank you so much for your tips and tricks. Looking forward for more videos.
Thanks Vijay guru. This is so helpful. And one can challenge that you will not find a more clearer and concise content on this topic anywhere else. Every word spoken is meaningful ❤
Dear Sir, just started seeing your videos for a week. You are so practical and good in sight in to your videos. i am a investment lover so literally enjoying your videos. I live in ireland. Would like to chat with you in near future.
Vijay Sir, i have never been interested in finance because i do not understand those terms and they sound alien to me. I am in a decent paying job but never bothered to suggest anything on financial terms. Thank you for your simple but great videos. I feel confident when i talk about certain topics! :)
Super Sir! I had this doubt of capital gains tax for my shares in the US for a long time. Wondering whether I need to pay taxes or not. Finally I got a clear view.
Crisp and clear ! Only thing that missed the 10 minute window is that in US Net Capital Loss you claim max 3K and you have to carry over the rest. Another thing about Tax Loss Harvesting is to claim loss and buy in a similar fund to avoid wash sales. ETFs are better for tax purposes. Also dividend taxation needs to be covered. Hopefully you will have a follow up :)
Sir, can you explain clearly about the Nifty Index fund 1 lakh capital gain part every selling and buying after 2 days? Kindly make a separate video sir? Thanks in advance.
If we sell to realise 1 lakhs and buy after 2 days, what is the advantage? Money again reinvested and it became short term. Please help to understand insight with example. Thanks
Sir .. Excellent Video with clear Examples One Doubt . In same year IF I make profit of 10 L in Short term loss in Long term 3 L Loss in F&O 1 L Can I Adjust my Loss in F&O and LTCG in STCG ?
My time is good ., When the student is ready the teacher will appear. When the student is truly ready... The teacher will Disappear. Tao Te Ching Thanks UA-cam for suggesting this channel videos to me.. Vijay sir you’re are a awesome teacher ..
Sir romba naala kettutu iruken... episode podratha sonnenga... Japan market bubble pathi sollunga sir... US and india ku andha maari laam vara vaaipu irukka illaya nu... 🙌
Thank you sir .. insightful video … how tax is calculated for an Indian resident investing in US market directly ..tax is calculated in india or USA .. ?
Sir. Monthly monthly SIP investment pannure. Itha 10 years continue panni athu ku apro FIRE community ku varumbothu monthly expense 1x ah withdraw pannum bothu atha epdi consider pannuvanga. Long term capital gain tax la ya Or short term capital gain tax la ya ? Because 10 year continue sip podumbothu last month la um sip panniruppe, investment start pannum bothum sip pannirupe. Naa ipo withdraw pantra amount ah ethu larunthu minus pannuvanga tax purpose ku.. ? Earliest investment la iruntha Or recent investment la iruntha.. ?
@@InvestmentInsightsTamil In your case, since you have been doing SIPs since 2012, the holding period of your units will vary, and you will need to calculate the holding period of each unit separately. If the units you are selling have been held for more than 1 year, it will be considered as long-term capital gains, and if held for less than 1 year, it will be considered as short-term capital gains. Note that if you withdraw only a part of your investment, then the units sold will be considered to have been held the longest, to minimize the tax liability. Also, if your total long-term capital gains in a financial year are below INR 1,00,000, then you may not have to pay any tax on the gains. ( Sir. I above mentioned text is provided by chatgpt. I ask this same question at it. This is the reply. It says, we hold units as per buying history and we can sell it as recent time buying units or older units ?shall we have this option. What is your opinion sir. Your comment will help me sir. This year I want to file income tax sir.
Sir ...Great video as usual but you missed a key point...if some one has no income, short term capital gain upto 2.5 lacs is not taxed...so if some one is working and their spouse or parent is not working, it is better to keep investment account in the name of the person who doesn't work ..through this way, they can save upto 37,500 (2.5l × 0.15) in tax
@@InvestmentInsightsTamil Source of income kaata venama for non working person? Because we invest our money la, wont it cause a problem? Please reply Sir
Hi Sir, need your suggestion on how to invest in Nifty 50 from USA(I.e, without converting to Rupees. Because, I fear rupee devaluation to continue. Also, suggest if my fear is valid). Watching your videos has been one of my best time investment. Enna than investment gurus solla ketrunthaalum namma aalu sollum pothu than oru conviction varuthu.. :)
You can invest in INDY - etfdb.com/etf/INDY/#etf-ticker-profile . It does have high Expense Ratio. But please note, just because you invested in USD on an Indian Index, does not mean that you are removing the INR risk. The value gets reflected appropriately in this ETF in USD. Or in other words, we will not be able to remove the currency risk by investing in US on an Indian Index. The returns will be the same as in India, infact will be little lower because of the higher expense ratio.
How is the tax can be paid from other country in that way also you can put one video!! by seeing ur videos i learnt many things!! thanks to you really Hats off for your informative videos!! Other India other foreign countries also you can explain it each videos!!!
Sir fund of fund means what? And what is liquid fund? And how to select liquid fund? Is it liquid fund is better than bank f.d and recurring deposit? Which is right investment for beginners?
Hi Vijay , thanks for the info. In any of your future videos could you cover capital gains on housing ? Is the rules for short & long term tax rates same as in bonds & funds ? Ex - In today’s housing market in US. If a person accumulates some equity $$$ in 6 months , selling and buying a new home by investing all equity in next house within 30 days will be tax free on primary home ? Or is it better to refinance ? Or just stay put ?
Very informative and useful video. Can you please clarify below queries: 1. We get the tax forms for Long term or Short term gains from Brokers (Eg: Fidelity) in US. But we are not seeing the mentioning of Long term or short term losses in that tax forms. Can you please advise whether do we need to manually note down the short term losses in excel sheet for tax purposes? 2. As this 10 min video covers mostly Indian taxation, Can you please put another video only for US capital gains with examples on how to offset Long/Short term losses with gains?
1. Yes. You can do that manually. or if you are using tax software, it automatically does that based on buy date and sold date. 2. I mentioned in the video. Long term loss can only be subtracted only in LT gains. ST loss can be subtracted only in ST gains. It is simple and straight forward.
Hello Vijay Sir, I am investing in UTI index fund. Should I continue investing only in UTI or I should invest in different AMC's such as ICICI or HDFC or Navi or Nippon for having diversified portfolio?
Great explanation Sir!!! Learning a lot from ur videos!! Small question __in India, Do these taxes will be deducted at source or we should pay during our ITR..?
Hi Sir, Thanks for your service. After watching your playlist started my very first investment in Index funds SIP. I have a small doubt, How the investment duration will be calculated for SIP ? Let say I started 1 year Sip investment from January to December. First month investment amount will be matured on December(completing 12 months cycle), The amount deducted on march will be matured on next year March or end of SIP (here December) ?
You explained the tax harvesting very well. You said that after 1 year, if redeem, there is no tax for 1 lack...how do you calculate 1 year, if i have SIP...For example, if my SIP starts on January 2022, February 2022, etc., Shall I consider January 2022 contribution completed 1 year on January 2023...or entire 2022 SIP considered for 1 year on January 2023?
Tx Sir for the detailed explanation 👏 Have couple of questions 1) will the tax be detected directly by the MF house or we have to file ourself. 2) will there be any different tax rates and rules for NRI investing in India
1. We have to include that as part of our filing. 2. Yes. Check this out: economictimes.indiatimes.com/nri/invest/how-capital-gains-are-taxed-for-nris-investing-in-india/articleshow/81686527.cms?from=mdr
I have three question 1, my long term profit 98000 Rs and i am Salaried person my income per year 6 lakhs so can i IT filling 6 lakhs or 698000 2, divitend per year above 5000 rs in single stock or 3 to 5 stocks above 5000 rs eligible for tax (infy- 2000rs, Tcs-1500 rs, ITC-1500 rs) 3,if I am getting profit LTG Or STG profit amount hold in my demand account without my bank account transfer and i invest same day new stocks purchase whole money it's eligible for Tax Please answer my question.
Sir, Why expected ordinary income is included in the estimated cost basis and the profit is determined based on the cost basis instead of purchase price for stocks?
I think I got my answer here.. if we are investing in sip, example 1-jan-2021(count the nav units).. just redeem the same number of units in 2-jan-2022. and then invest the same amount in same mutual fund. hereby we can reset the purchase date. we have to do this on monthly basis and please make sure the units you are trying to redeem doesnot cross the 1Lakh gain. if units brought (1-jan-2021) has profit of more than 1Lakh just reduce the units so that gain is less than 1 lakh.
@@InvestmentInsightsTamil I was dumb to understand that earlier. I got it now sir, When you do sell funds that would get max of 1 lakhs gain and reinvest that again in fund would save me the tax for long run/term. Excellent tip, wonder if I would get such a insight anywhere else. Thanks sir.
First thanks for your valuable knowledge sir. The way you were explaining was really amazing sir. I have a query, in this video you mentioned that to over come tax loss we can use that 1 lakh benefit on long term and reinvest in 2 days, won't this account our long term compounding. Also, in long run after so many year we might end up in selling all our stocks or it will be unnecessary to sell those. Am not sure about my query, though i thought to ask... Thanks again for your time
You will be losing the compounding for 2 days in a year. Not a big deal in the grand scheme of things. We will sell our holdings when there is a need for money. Ideally, we should have identified the needs as early as 5 years and move the money out of stock market and have it in safer accounts like FD.
Sir , can you tell about the inflation happened in Venezuela and Zimbabwe...why the rates is very unrealistic.. what to do if it is happen to ourselves? Tq🙏🙏
Good question. I believe you do not have to if your added gains from STCG to your income does not go over 0% tax slab. But please consult a tax advisor to get the right advice.
Hi vijay, thanks for the videos. I have three queries. 1, in the above video you said. In order to avoided LTCG on equity mutual funds we need to sell exactly worth of ₹ 1 lakh share and reinvest. What is the use of it. Why we need to sell and invest again. It can be there as it is right. If we want to redeem the entire mutual fund, we can sell 1 lakh worth of share each year, right? In this case too we can avoid taxes. 2, while doing sip can I do it in 15 days interval. So that the nav will be averaged. Instead of doing sip for ₹10, 000 a month, can we do 5k twice on each 15 days. 3, I have been buying midcap etf daily 5 stock. Is it a right approach?
1. Totally personal choice. Yes, you can do that too. 2. Again, totally personal choice. Nothing is wrong with either approach. 3. I am not following this question.
3, Thank you for the reply. I mean, instead of buying midcap (india) etf bulk monthly, I have been purchasing it around 5 quantity of etf's every stock trading day. Is it fine rather than buying it. In. Bulk. In long-term will it be averaged? Is it a good choice?
Sorry, the chart shown at 09:19 - I don't quite follow. Is the income shown there the TOTAL taxable income for the year (including your salary etc.), or is it the the amount of capital held in equities subject to capital gains?
It is the total taxable income. Let's say that after our retirement, we are taking money out of our investment account so that the capital gains is less than $80,800, then we do not have to pay any tax on it. This is assuming that we do not have any other income for the family in that year. Or in other words, for married filing jointly, there is no capital gains tax if the total income of the family including the gains is less than 80,800 in that year.
It may Kindy be clarified whether the capital gain to be taken separately for tax purpose or the gain to be added to saary income for the purpose of paying tax or salary income and capital gain to be treated separately and tax to be calculated deparately
Sir, Sachin Bansal led Navi MF has applied for FoF to invest in Vanguard Total Stock Market Index... Your analysis, pros & cons, index performance will be highly appreciated. TIA..!
Related Videos:
What are Bonds (Debt)? ua-cam.com/video/e5g4ZTH76FQ/v-deo.html
Understanding Share Market: ua-cam.com/video/8_uAwsJroB0/v-deo.html
Investment Priorities for Maximum Tax Savings (USA): ua-cam.com/video/nIUxfSXEdHQ/v-deo.html
Index Fund Investing: ua-cam.com/video/RnBpP-lHNgw/v-deo.html
Early Retirement Path: ua-cam.com/video/QGvV-_PRKIo/v-deo.html
Nasdaq 100 Vs S&P 500: ua-cam.com/video/FkG_l6cfwPM/v-deo.html
Sir appdiye dividend tax rate resident and nri ku oru video
Sir intha dividend and bonus shares ku tax iruka ? Apidi iruntha athuku oru video podunga
Sir , if my capital gain is one lakhs and the capital amount to gain it was 6 lakhs...I should sell the whole 7 lakhs funds and buy again right ? To save tax on that one lakhs
😊😊😊😊😊😊😊😊
Boss is back with another gem of a video. Thanks Guruji!!
Thank you so much Sir. I didn't know that US stocks should be treated as debt funds. Thanks for sharing. 🙏
I had this doubt for a long time and sir you have just cleared it with ease...
I am your subscriber when you had only 50 subcribers for your channel. I am motivated to invest in stocks only after i started watching your videos. Last one year I have started investing in equity and I have made good progress. Thank you so much for your tips and tricks. Looking forward for more videos.
Great to hear that.
Sir am a cost accountant am learning many concepts from your video than books. Thank you very much and kindly keep doing... Thank you sir
Happy to hear that.👍🏽
Tax loss harvesting concept seri puriyala sir. It would be helpful if you put detailed video on this topic.
Thanks in advance🙏
Sir innoru detailed video on tax harvesting with examples pls.🙏
Hands down best and crisp explanation and helpful. I was looking for this for over a week all over the internet. Thank you so much 🙇🏻
Vijay sir pinreenga ponga..andha words fluency+your knowledge..vera level..awesome
Inda madri video da romba nala theditiruthen, thank you sir😎
Excellent.. Detailed Narration. Please come with a video for dividends and also for REIT and INVIT Dividend Tax
Thanks Vijay guru. This is so helpful. And one can challenge that you will not find a more clearer and concise content on this topic anywhere else. Every word spoken is meaningful ❤
One more awesome and useful video from you side. En arivu kanna thirakuringa neenga!! 😃
Nethu night tha harvesting, LTCG lam pathutu irundhaen, morning unga video❤️
Dear Sir, just started seeing your videos for a week. You are so practical and good in sight in to your videos. i am a investment lover so literally enjoying your videos. I live in ireland. Would like to chat with you in near future.
Vijay Sir, i have never been interested in finance because i do not understand those terms and they sound alien to me. I am in a decent paying job but never bothered to suggest anything on financial terms. Thank you for your simple but great videos. I feel confident when i talk about certain topics! :)
Great to hear that.
Sir .. after pattu sir's video ,I see yours only... neat explanation.. super .
Very clear Explanation sir... Thanks🙏
Clear understanding of taxation sir. Your videos always informative. Always good sir
As always wonderful explaination Sir✌️
Sir, please explain Tax saving ideas like 80c, 80d etc., in upcoming video
Very informative sir... Thanks ... We really thankful to you for enriching our knowledge.
Super Sir! I had this doubt of capital gains tax for my shares in the US for a long time. Wondering whether I need to pay taxes or not. Finally I got a clear view.
Q
Crisp and clear ! Only thing that missed the 10 minute window is that in US Net Capital Loss you claim max 3K and you have to carry over the rest. Another thing about Tax Loss Harvesting is to claim loss and buy in a similar fund to avoid wash sales. ETFs are better for tax purposes. Also dividend taxation needs to be covered. Hopefully you will have a follow up :)
Good points.
For a US Resident, you have State tax too. In CA for example, they tax based on marginal tax rate.
+ Net Investment Tax potentially can apply
Amazing explanation about wash sale restrictions. Keep Rocking Sir.
Dear sir Good Morning, Now I am watching your videos and also need basic ideas for new beginners in share Market
thanks sir for this. many are not aware of the tax in equity...
Best technique of tax loss harvesting
Great Sir especially about Tax harvesting and buyback option! Thanks for your efforts!🖖
Well explained Sir... Thank you for sharing your knowledge in a simple language...
Sir, can you explain clearly about the Nifty Index fund 1 lakh capital gain part every selling and buying after 2 days? Kindly make a separate video sir? Thanks in advance.
If we sell to realise 1 lakhs and buy after 2 days, what is the advantage? Money again reinvested and it became short term. Please help to understand insight with example. Thanks
Sir .. Excellent Video with clear Examples
One Doubt . In same year
IF I make profit of 10 L in Short term
loss in Long term 3 L
Loss in F&O 1 L
Can I Adjust my Loss in F&O and LTCG in STCG ?
Finally this video helps me to get the clear understanding of taxes on stocks 🫡 Thank you sir 🙏🏻
My time is good .,
When the student is ready the teacher will appear. When the student is truly ready... The teacher will Disappear.
Tao Te Ching
Thanks UA-cam for suggesting this channel videos to me.. Vijay sir you’re are a awesome teacher ..
Thanks bro, good learnings from your videos with more clarity
Hello Sir, your explanation is very good 👍much understandable. Thanks for the videos
Awesome.. please expliain the tax loss harvesting and tax saving strategies in ltcg in detail in a separate video
Sir romba naala kettutu iruken... episode podratha sonnenga... Japan market bubble pathi sollunga sir... US and india ku andha maari laam vara vaaipu irukka illaya nu... 🙌
It is in my To Do list.
@@InvestmentInsightsTamil nandrigal pala...😊😊
Great video sir, respect from Chennai
My doubt cleared, good explanation thank you sir
Thank you sir for the simple explanation on the capital gains concepts👍
It was simple and understandable. Thanks !! But instead of realizing the gains, can we opt for Loan pledges from our investments.
Thank you sir .. insightful video … how tax is calculated for an Indian resident investing in US market directly ..tax is calculated in india or USA .. ?
Super 👍👍👍
Waiting for next video 😀😀😀
Thanks.. very useful things for me…
Hi Yennoda investment ku pilayar suzhli pottadhu neengadhan sir. Happy Ganesh chaturthi for you and your family.
Sir tax loss harvesting pathi separate ah detail ah video podunga sir.. tamil nadu le idha pathi yarukume theriyathu.. for new and young investors
Dear Sir
You opened my eyes to see sea of opportunities.
Thank you very much for the great information! Can you also give some clarification on ELSS based mutual funds profit also?
Hello Sir, Nice Explanations Thank you.
Sir. Monthly monthly SIP investment pannure. Itha 10 years continue panni athu ku apro FIRE community ku varumbothu monthly expense 1x ah withdraw pannum bothu atha epdi consider pannuvanga. Long term capital gain tax la ya Or short term capital gain tax la ya ?
Because 10 year continue sip podumbothu last month la um sip panniruppe, investment start pannum bothum sip pannirupe.
Naa ipo withdraw pantra amount ah ethu larunthu minus pannuvanga tax purpose ku.. ?
Earliest investment la iruntha Or recent investment la iruntha.. ?
First In First Out. You will be selling the units that you bought first and you will pay tax accordingly.
@@InvestmentInsightsTamil
In your case, since you have been doing SIPs since 2012, the holding period of your units will vary, and you will need to calculate the holding period of each unit separately. If the units you are selling have been held for more than 1 year, it will be considered as long-term capital gains, and if held for less than 1 year, it will be considered as short-term capital gains.
Note that if you withdraw only a part of your investment, then the units sold will be considered to have been held the longest, to minimize the tax liability. Also, if your total long-term capital gains in a financial year are below INR 1,00,000, then you may not have to pay any tax on the gains.
( Sir. I above mentioned text is provided by chatgpt. I ask this same question at it. This is the reply. It says, we hold units as per buying history and we can sell it as recent time buying units or older units ?shall we have this option. What is your opinion sir.
Your comment will help me sir. This year I want to file income tax sir.
Sir ...Great video as usual but you missed a key point...if some one has no income, short term capital gain upto 2.5 lacs is not taxed...so if some one is working and their spouse or parent is not working, it is better to keep investment account in the name of the person who doesn't work ..through this way, they can save upto 37,500 (2.5l × 0.15) in tax
Good point.
@@InvestmentInsightsTamil Source of income kaata venama for non working person? Because we invest our money la, wont it cause a problem? Please reply Sir
Hi Sir, need your suggestion on how to invest in Nifty 50 from USA(I.e, without converting to Rupees. Because, I fear rupee devaluation to continue. Also, suggest if my fear is valid).
Watching your videos has been one of my best time investment. Enna than investment gurus solla ketrunthaalum namma aalu sollum pothu than oru conviction varuthu.. :)
You can invest in INDY - etfdb.com/etf/INDY/#etf-ticker-profile . It does have high Expense Ratio. But please note, just because you invested in USD on an Indian Index, does not mean that you are removing the INR risk. The value gets reflected appropriately in this ETF in USD. Or in other words, we will not be able to remove the currency risk by investing in US on an Indian Index. The returns will be the same as in India, infact will be little lower because of the higher expense ratio.
It was good & informative...👌
Thanks for the informative video, please explain as to how TDS amounts be claimed back if the net capital gain is less than the overall TDS deducted.
Excellent sir. expecting some videos about individual stocks and analysis going forwrd
Thank you sir. If the short or long term capital from equity and debt fund is invested in residential property, is there a chance of tax rebate.
How is the tax can be paid from other country in that way also you can put one video!! by seeing ur videos i learnt many things!! thanks to you really Hats off for your informative videos!! Other India other foreign countries also you can explain it each videos!!!
Very useful information. Tq sir
Sir please make a video on Foreign investment shares and tax details
Very informative video Vijay 👍🙏
Sir fund of fund means what?
And what is liquid fund? And how to select liquid fund?
Is it liquid fund is better than bank f.d and recurring deposit?
Which is right investment for beginners?
Very useful content thq sir....
Thanks Sir
Clear explanation
Needs video on full details with example of index fund CAPITAL GAIN TAX tax return file in AFTER completed 5 years of profits
Good explanation given about taxes
Thank you sir ☺️. Well informative
Hi Vijay , thanks for the info. In any of your future videos could you cover capital gains on housing ? Is the rules for short & long term tax rates same as in bonds & funds ? Ex - In today’s housing market in US. If a person accumulates some equity $$$ in 6 months , selling and buying a new home by investing all equity in next house within 30 days will be tax free on primary home ? Or is it better to refinance ? Or just stay put ?
Housing tax rules is bit involved. Will cover that in a future episode.
@@InvestmentInsightsTamil Thank you Vijay .
Please include the capital gains tax for housing in India too. :)
Superb explained sir
Very informative and useful video. Can you please clarify below queries:
1. We get the tax forms for Long term or Short term gains from Brokers (Eg: Fidelity) in US. But we are not seeing the mentioning of Long term or short term losses in that tax forms. Can you please advise whether do we need to manually note down the short term losses in excel sheet for tax purposes?
2. As this 10 min video covers mostly Indian taxation, Can you please put another video only for US capital gains with examples on how to offset Long/Short term losses with gains?
1. Yes. You can do that manually. or if you are using tax software, it automatically does that based on buy date and sold date.
2. I mentioned in the video. Long term loss can only be subtracted only in LT gains. ST loss can be subtracted only in ST gains. It is simple and straight forward.
Hello Vijay Sir,
I am investing in UTI index fund. Should I continue investing only in UTI or I should invest in different AMC's such as ICICI or HDFC or Navi or Nippon for having diversified portfolio?
I do not really see a need to invest in different fund houses.
@@InvestmentInsightsTamil Thank you Sir
Thank you sir..Naan nifty share invest pannanum entraal first naan enna seyya vendum please help me sir.
Thanks exactly what I was looking for
Very thorough and insightful for a new investor like me...Thanks a lot sir, please continue doing the great work 👍
Profit bookpannale tax kattanuma or withdraw panna kattanuma... and engapoi tax kattanum sir.. automatic ah deduct aagiduma sir
Hai sir,
Enaku EQUITY 10K PROFITUM
OPTIONS -55K LOSSUM
IRUKU
ENAKU TAX UNDA??
Sir, you mentioned that foreign funds like NASDAQ 100 will be considered as debt funds for capital gains tax. What about individual foreign stocks?
20% tax with indexation on LTCG (> 2 years).
thansk for sharing your knowledge
Great explanation Sir!!! Learning a lot from ur videos!!
Small question __in India, Do these taxes will be deducted at source or we should pay during our ITR..?
Capital gains should be paid while filing ITR.
@@InvestmentInsightsTamil Thanks 😊
Hi Sir, Thanks for your service.
After watching your playlist started my very first investment in Index funds SIP.
I have a small doubt, How the investment duration will be calculated for SIP ?
Let say I started 1 year Sip investment from January to December.
First month investment amount will be matured on December(completing 12 months cycle), The amount deducted on march will be matured on next year March or end of SIP (here December) ?
You explained the tax harvesting very well. You said that after 1 year, if redeem, there is no tax for 1 lack...how do you calculate 1 year, if i have SIP...For example, if my SIP starts on January 2022, February 2022, etc., Shall I consider January 2022 contribution completed 1 year on January 2023...or entire 2022 SIP considered for 1 year on January 2023?
It is based on the date the fund was bought. So the units bought on 3rd Jan 2022, can be sold on 3rd Jan 2023 or later for Long term capital gains.
Tx Sir for the detailed explanation 👏
Have couple of questions
1) will the tax be detected directly by the MF house or we have to file ourself.
2) will there be any different tax rates and rules for NRI investing in India
1. We have to include that as part of our filing.
2. Yes. Check this out: economictimes.indiatimes.com/nri/invest/how-capital-gains-are-taxed-for-nris-investing-in-india/articleshow/81686527.cms?from=mdr
Sir, I made ₹50k profit as STCG. Should i pay tax?
Sir, please guide me on finance planning & management for New recurit in job market.
I have three question
1, my long term profit 98000 Rs and i am Salaried person my income per year 6 lakhs so can i IT filling 6 lakhs or 698000
2, divitend per year above 5000 rs in single stock or 3 to 5 stocks above 5000 rs eligible for tax (infy- 2000rs, Tcs-1500 rs, ITC-1500 rs)
3,if I am getting profit LTG Or STG profit amount hold in my demand account without my bank account transfer and i invest same day new stocks purchase whole money it's eligible for Tax
Please answer my question.
Very useful one sir.
Sir, Why expected ordinary income is included in the estimated cost basis and the profit is determined based on the cost basis instead of purchase price for stocks?
Hi Sir...Liquid Funds Pathi oru video podunga sir...Ideas for Investing better than FD with Good Interest, safer & need to be easily liquidated...
How captial gains calculated for SIP..?
Whether 1 year is considered for each SIP made monthly or From the start date of SIP..?
It is for each SIP.
I think I got my answer here.. if we are investing in sip, example 1-jan-2021(count the nav units).. just redeem the same number of units in 2-jan-2022. and then invest the same amount in same mutual fund. hereby we can reset the purchase date. we have to do this on monthly basis and please make sure the units you are trying to redeem doesnot cross the 1Lakh gain. if units brought (1-jan-2021) has profit of more than 1Lakh just reduce the units so that gain is less than 1 lakh.
Hats off and my gratitude to you. I am quite not clear on the capital gain of 1 lakh and reinvest after 2 days. It can be in the fund itself right?
Yes, it can be in the same fund.
@@InvestmentInsightsTamil I was dumb to understand that earlier. I got it now sir, When you do sell funds that would get max of 1 lakhs gain and reinvest that again in fund would save me the tax for long run/term. Excellent tip, wonder if I would get such a insight anywhere else. Thanks sir.
First thanks for your valuable knowledge sir.
The way you were explaining was really amazing sir.
I have a query, in this video you mentioned that to over come tax loss we can use that 1 lakh benefit on long term and reinvest in 2 days, won't this account our long term compounding.
Also, in long run after so many year we might end up in selling all our stocks or it will be unnecessary to sell those.
Am not sure about my query, though i thought to ask...
Thanks again for your time
You will be losing the compounding for 2 days in a year. Not a big deal in the grand scheme of things.
We will sell our holdings when there is a need for money. Ideally, we should have identified the needs as early as 5 years and move the money out of stock market and have it in safer accounts like FD.
@@InvestmentInsightsTamil thank you sir
Loss can be carried forward for 8 yrs only if u file your IT returns in time.(31st July).please check
Sir , can you tell about the inflation happened in Venezuela and Zimbabwe...why the rates is very unrealistic.. what to do if it is happen to ourselves? Tq🙏🙏
Equality STCG 15% irrespective of tax slab kattanuma sir ... Suppose ennoda taxable income less than 5L, still i have to pay this tax?
Good question. I believe you do not have to if your added gains from STCG to your income does not go over 0% tax slab. But please consult a tax advisor to get the right advice.
Have you got answer for this?
Great sir
Hi vijay, thanks for the videos. I have three queries.
1, in the above video you said. In order to avoided LTCG on equity mutual funds we need to sell exactly worth of ₹ 1 lakh share and reinvest. What is the use of it. Why we need to sell and invest again. It can be there as it is right. If we want to redeem the entire mutual fund, we can sell 1 lakh worth of share each year, right? In this case too we can avoid taxes.
2, while doing sip can I do it in 15 days interval. So that the nav will be averaged. Instead of doing sip for ₹10, 000 a month, can we do 5k twice on each 15 days.
3, I have been buying midcap etf daily 5 stock. Is it a right approach?
1. Totally personal choice. Yes, you can do that too.
2. Again, totally personal choice. Nothing is wrong with either approach.
3. I am not following this question.
3, Thank you for the reply. I mean, instead of buying midcap (india) etf bulk monthly, I have been purchasing it around 5 quantity of etf's every stock trading day. Is it fine rather than buying it. In. Bulk. In long-term will it be averaged? Is it a good choice?
@@gmtrails oh ok. That should be fine. Personally, I buy whenever I have the money. I do not really plan for the right time to buy.
@@InvestmentInsightsTamil thanks for your reply vijay. Much appreciated.
Sorry, the chart shown at 09:19 - I don't quite follow. Is the income shown there the TOTAL taxable income for the year (including your salary etc.), or is it the the amount of capital held in equities subject to capital gains?
It is the total taxable income. Let's say that after our retirement, we are taking money out of our investment account so that the capital gains is less than $80,800, then we do not have to pay any tax on it. This is assuming that we do not have any other income for the family in that year.
Or in other words, for married filing jointly, there is no capital gains tax if the total income of the family including the gains is less than 80,800 in that year.
@@InvestmentInsightsTamil Thank you. That's clear.
I have a doubt sir
I have no income and I have made 10k of short term capital gains.
Should I pay tax for it
How should I pay it
Need more information about INTRADAY trading and income tax transaction
Do we have to pay advance tax on short term capital gain for income earned from stocks
It may Kindy be clarified whether the capital gain to be taken separately for tax purpose or the gain to be added to saary income for the purpose of paying tax or salary income and capital gain to be treated separately and tax to be calculated deparately
Sir, Sachin Bansal led Navi MF has applied for FoF to invest in Vanguard Total Stock Market Index...
Your analysis, pros & cons, index performance will be highly appreciated. TIA..!