STCG TAX ON SHARE TRADING AY 2024 25 I NEW VS OLD TAX REGIME INCOME TAX UPDATE SAVE TAX
Вставка
- Опубліковано 14 лип 2024
- STCG TAX ON SHARE TRADING AY 2024 25 BIG CHANGE I NEW VS OLD TAX REGIME INCOME TAX UPDATE SAVE TAX How to save tax on stock market income,
Short Term Capital Gains Tax (STCG) on Sale of Shares form AY 2024-25 has changed due to the New Tax Regime as compared to old Tax Regime.
In this video we will discuss the followings
0:00 How much STCG Tax to be paid on sale of shares from AY 2024-25
1:06 Period of Holding for Short Term Capital Gains on Shares
1:49 Tax on STCG of Rs 4.66 Lakh on sale of Shares under Old Tax Regime from AY 2024-25
3:29 Tax on STCG of Rs 4.66 Lakh on sale of Shares under New Tax Regime from AY 2024-25
5:06 Tax on STCG of Rs 5.01 Lakh on sale of Shares under Old Tax Regime from AY 2024-25
6:11 Tax on STCG of Rs 5.01 Lakh on sale of Shares under New Tax Regime from AY 2024-25
7:03 Tax on STCG of Rs 5.01 Lakh on sale of Shares and other income of Rs 2 Lakh under Old Tax Regime from AY 2024-25
9:39 Tax on STCG of Rs 5.01 Lakh on sale of Shares and other income of Rs 2 Lakh under New Tax Regime from AY 2024-25
11:20 Summary of Tax impact of STCG on sale of Shares under Old Tax regime vs New Tax Regime.
12:19 Treatment of Short Term Loss on Sale of Shares
#IncomeTax #Sharetrading #Shares #stockmarket Share latest news,
Short Term Capital Gains on shares,
STCG tax rate,
Short term Capital Gains Tax,
STCG Tax on sale of Share under New Tax Regime AY 2024-25,
STCG tax on sale of Share under Old Tax regime AY 2024-25,
Tax on Sale of Shares,
Tax on Stock Market profits,
tax on shares,ltcg tax on shares,income tax on stock trading,stcg tax,tax on investing,tax on share market income,tax on stock market earnings india,tax on sale of shares,income tax on share market income,taxes on stocks,capital gains tax,tax on stock market income,income tax,income tax on stock market earning,how to save tax on sale of shares,
Tax on short Term trading,Tax on stock market earnings India,
Subscribe our Whatsapp Channel CA Satbir Singh Taxheal whatsapp.com/channel/0029VaEl...
Download GST and Income Tax Judgments taxheal.stores.instamojo.com/
Reverse Charge Mechanism under GST by CA Satbir Singh amzn.to/38WE1nP
Join Tax Heal UA-cam Channel / @taxheal3683
Join Membership and Get GST Online Course , Exclusive Videos and Posts for Members only / @casatbirsingh
Join Telegram CA satbir singh Taxheal t.me/casatbirsingh
Members Only Video Playlist • Members Video
TaxHeal Mobile App Download GST TAx and GST Daily updates on Mobile:
play.google.com/store/apps/de...
Subscribe Taxheal by Email and Get Tax and GST updates on Mobile : feedburner.google.com/fb/a/ma...
Conact us /for Sponsorships and collaborations please write to us at taxheal@gmail.com
DISCLAIMER ***
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
Subscribe our Whatsapp Channel CA Satbir Singh Taxheal whatsapp.com/channel/0029VaElCCbA89MphpBXhB10
Very clearcut calculation. Excellent.
Thanks
Thanks a lot sir
May God Bless You
Very well explained
thanks, pls like and share
Knowledge video sir thanks for update..
Always welcome, please like and share
The most helpful video on the internet.. thank you paaji
So nice of you. pleasse like and share and subscribe
One of the best explanation 👌 as compared to others
thanks, please like and share
Nice information. Get good knowledge.🙏👍
Welcome., PLEASE LIKE AND SHARE
Thanks for your video
Most welcome. PLEASE LIKE AND SHARE
Thank you for video sir
Most welcome
Valuable information👌👌👌
Thanks a lot, PLEASE LIKE AND SHARE
Knowledgeable
thanks, please like and share
Very good job Sir, further i request you to make video for salary person with detail of STCG and LTCG. It will be very useful.
noted, thanks. please like and share
Thank you satveeer sir
Always welcome, please like and share
Excellent video.
Pl prepare new video on LTCG ,on share,MUTUAL FUND,DEBT FUND,ETF, INTERNATIONAL ETF.
I shall be grateful.
Regds
Sr citizen
pls refer my video on this already made tax on share market income
Thanks
Welcome, PLS LIKE AND SHARE
Good video
Thanks. please like and share
Good information
Thanks. please like and share
Very useful video, last year due to ignorance I paid 55000/- of tax, out of which out of which I think around 45-50k could have been saved
Thankyou sir
THANKS. PLEASE LIKE AND SHARE
Is it possible to get the that 45k amount back?
Very Informative..
Glad you think so!. pls like and share
@@casatbirsingh All Ready share some friends.. Can you explain Same thing in corporate Trading account ?
Thanks for the update Sir
Always welcome, please like and share
Dil khush kittaa satbir hi. You proved once again "Singh is King "
thanks, please like and share
Sade Ca Saab khande tuhada end wala consept wrong hai, Jo 9.40 to start hunda...😊
👌🙏
Welcome., PLEASE LIKE AND SHARE
Paaji Superb you must have taken example till 15 lacs also included LTCG
thanks will try to make new video, please like and share
@@casatbirsingh Thank you Paaji....
Knowledgeable video Great
Sir pls create a video discussing speculation with a profit of 3 lakh, along with 1 lakh in short-term profit, 1 lakh in long-term profit, and another 1 lakh in dividends. how much pay tex in new
noted, thanks, please like and share
Video was good but yaar aapko sab case include karna chahiye tha ltcg, STCG and income from fd+ dividend usme confusion hai
NOTED THANK. WILL MAKE SEPERATE VIDEO . YOU CAN CHECK TAX ON SHARE MARKET INCMOE VIDEO AND LTCG TAX ON SHARES VIDEO ON CA SATBIR SINGH CHANNEL
thanks sir, please solve case -3, if person 200,000(is not from fd) it is from income it from business or person is not senior citizen
if income below exemption limit of 300000 then no tax is payable.
Short term capital gains me to 15 % tex dena ho hota hai chahe shot term income 1000 hi ho ya 1000k . Long term capital gains me 1L tk koi tex nahi hai and 10% on above 1L.
YES YOU ARE RIGHT ( ONLY BASIC EXEMPTION LIMIT CAN BE SET OFF)
Basic exemption limits kya hota hai
Jo sahi ho vahi jankari logo k dena chahie
Vedio on income tax applicability on allowaces to judicial officers
Noted., PLEASE LIKE AND SHARE
Sir future and option pr bhi new and old regime ke according computation bnana btaye
noted, thanks please like and share
sir - BUSINESS income is 3L, STCG is 9L and LTCG is 5L iska bhi ek video bana do
noted , thanks , please like and share
10 lac par bhi ek video banao sir जिस्से पूरी तरह क्लिरटी आ सके
noted. thanks pls like and share
@@casatbirsingh sirji 10lakh and 20 lakh ka example lekar bata dijiye for STCG .... THANKS in advance...
LTCG 10% over 1 Lac is taxed separately even though gross or net income (from all sources like business, rent etc) is under non taxable limit?
(For Example LTCG is Rs 1,60,000 and Income Rs 3,00,000 from all other sources like business, rent etc
And Gross total income becomes Rs 4,60,000 then in this case Final Tax amount would be zero or Rs 6,000 (which would be due to LTCG).
PLEASE CLARIFY
rs 6000
Very nice, simple & informative video .
I already subscribed.
My wife age 66 years
1)Share STCG income 60000/- STT 8000/-apx 2)share dividend 13925 /- TDS deducted 820/-3) Mutual fund profit 2300/- Bank sb interest 9000/-
No other income
Q. 1) Any tax liability
2) which ITR form filled
3) what's about deducted TDS & STT
PLEASE reply
NO TAX , FILE ITR 2 AND CLAIM REFUND
You are very cooperative person. Thanks a lot.
My age 70+ , Bank pensioner,
Pension income 365000/-
Bank SB interest 3400/-
STCG 2405/50
Investment in medical insurance 19095/-
No other income
1) Any tax liability
2) which ITR form filled
Please reply
Please reply me
I have STCG Rs 364000 and other Income rs 32000, but ITR portal demand tax Approx 12000.
And tax rebate u/s 87A shows 0 when I file my ITR for AY 2024-25.
Why sir ?
I SHALL FILE ITR , PLS CONTACT ON TAXHEAL@GMAIL.COM
1-kya shares purchase karne ke liye kisi bank se loan liya hai ya kisi co. se MTF facility ke antargat loan liya hai to kya iska interest share ki income se less kiya jayega? 2- kya abhi tak old tax regime me chal rahe tax payer new tax regime me shift kar sakte hai?
1. yes 2. yes
87a rebate not applicable in stcg case
MARGINAL RELIEF IS ALLOWED
Short term share market se 5 lakh ke profit se kitna income tax dena hoga sir ji 13:32
if no other income then no tax under new tax regime. otherwise @ 15%
This year STCG is 75-80k + 15-20k fd interest ...is there any need to file ITR...there is no other income...
BETTER TO FILE ITR TO AVOID INCOME TAX NOTICE
Capital gain ka meaning kya hai. Yadi 10lakh mutual fund me invest 2022 me kiya gaya hai , pres
when sold then sales less cost is captial gains
I am a retired govt servant..and now doing trading in shares...also have interest income ...how to calculate tax ...
please refer this video and calcuate , if have problem in calculations please comment,
Sir mai short time ke liye share buy karta hu aur sell kar deta hu. Mera sal ka turn over 1400000 (tranjection ) ho gya hai. Aur mujhe profit huaa hai 45000 rs. To kya mujhe income tax notice aa sakta hai. Plese reply me
Yes. Better to file itr
Sir last 4 years me equity and f & o ka loss hai. Kya ab mai isko carry farward kar sakta hu. And phle mai ITR-1 bharta tha to ab kon sa ITR bharna hoga. Please reply 🙏🙏 I have salary income+trading (profit, Loss)
future and options loss means business itr 3 to be filed, if filed before due date then loss can be carried forward
If 80C rebate of Rs 150000 is admissible, then 80TTA rebate of Rs 10000 or 80TTB rebate of Rs 50000 is also admissible on FD interest. Is my memory right?
yes in old regime
Sir, old tax regime mein basic exemption limit se pehle LTCG ko set off karen ki pehle STCG ko set off karen? Pls guide 🙏
from STCG and than LTCG
What about interest paid to purchase shares will expenses allowed for stcg calculation
yes, only Securities Transaction Tax is not allowed. Refer previous video on tax on share market income
Income tax portal is wrong calculation in capital gain under marginal relief
will check , thanks
Another calculation will rebate 87a with under marginal relief income
Very Good Video CA Saab but guide me if I earned 275000(included Capital gain & intraday )with turnover 60 lacs+ then which option in itr 3 ,i should fill ( Maintenance book of accounts or not maintain book of accounts).
Kindly make one large video for turn over
TURNOVER OF INTRA DAY TRADING IS ONLY TO BE COUNTED FOR BOOKS OF ACCOUNTS (UPTO 10 CRORE TUNROVER BY BANKING CHANNEL NO NEED TO MAINTIAN BOOKS OF ACCOUNT). REFER MY VIDEO ON IT
Nice info video ,if professional income under 1 lakh 20 thousand and whatbsoever our stcg in any FY in share delivery trading so do we need to pay 15% stcg tax n need to file itr ????????? Any exemption????
Need to check total income to file itr every year
@@casatbirsingh total income fy is less than 2 lakh 50 so stcg will be exempted????
@@casatbirsingh dear sir I like to know how to count yearly income if we are professional freelancer as you know professional freelancer 's income not salaried basis income often fluctuated so how to count yearly income as a professional freelancer ??????????
There is one cbdt circular which says gain on share trading can be treated as pgbp..In that way it will be taxed in slab and there will be no tax..Can we also claim 44AD in that case , as there is no retrriction on this work..Please clarify?
Normally 44ad is for retailers, but if income comes from income tax department then you have to fight your case.
@@casatbirsingh Do you think an individual can show share profits as pbgbp then show it under 44AD ??
Sir I have long term shares and i want to book profit.please tell me the limit of amount which is tax free
PLEASE CHECK MY VIDEO ON LTCG ON SHARES
Is the calculation of STCG shown here is applicable to short term investing of shares? Or only for trading purpose?
stcg for tax return filing (investing) . if trading then it is business income
@@casatbirsingh Thank you sir
Sorry for inconvenience
thanks
Sir in my case in my wife account total ltcg is 237000, total STCG is 428000 and income from fd+dividend is 98000 and no salary income ..which is beneficial for me..old (with investment under 80c) or new
NOTED, THANKS WILL TRY TO MAKE VIDEO
Hi Sir,
I'm a salaried employee, My overall in-hand salary is 5.68L fo the FY2023-24. And my Short Term Capital Gain is around 2500 for the year FY 2023-24. Do I need to pay STCG tax??
depends on which tax regime you are opting
@@casatbirsingh sir, I chosen the New tax regime .
Sir, FY ..2023 -24, ...STCG ..9,44000..and..10000.. Dividend.... mera advance tax kitna hoga.... or kya ..STT bhi kam kar sakte ha kya.....STCG me se.....please
STT NOT ALLOWED , FOR TAX CALCUATION CONTACT US ON TAXHEAL@GMAIL.COM
Sir 14 lakh capital Gane pe tex kitna banega
Sir short term capital gains 70000 hai to kya tax lagega ya hame itr bharna padega please reply 🙏
NO. BUT BETTER TO FILE ITR
@@casatbirsinghsir compulsory hai itr file karna please reply 🙏
New tax regime mai if stcg 501000 hai then tax 5356 ( 5:09)but agar wahi stcg of 501000 with 200000 of other sources then tax is 1040 ( 7:09 ) How is that possible ?
this is the mistake of govt in new tax regime. refer my video on this
Sir agar income 350000/- house rant + 180000/- other sources+ 210000/- from long term gain hai to ITR old se bharni se thik hoga ya new se total 740000/- including long term gain no deduction except 150000/- under 80C
Please use income tax calculator and check tax in new and old Regime . Also refer my channel video on tax calcuations for ay 2024-25
Sir agar mujhe hi karna aata to aapko kust nahi deta. Fir bhi jo apne tax calculator bataya h, usme esa koi bhi colom nahi hai short/ long term capital gain ka hisaab hota ho, usme Jo bhi amount dalte hai uska tax calculat kar k bata deta .
Mere comments ka jawab Dene k liye dhanyavad
Apka din shubh ho
सर मुझे इक्विटी शेयर मे शॉर्ट टर्म मे प्रोफिट है लेकिन एफएनओ में लॉस है क्या मुझे टैक्स भरना पड़ेगा
BETTER TO FILE TO AVOID NOTICE FROM INCOME TAX
@@casatbirsingh to sir mujea noties ka intezar karna chahiye
Short term share market se 5 lakh ke profit se kitna income tax dena hoga sir ji
if no other income then no tax under new tax regime. otherwise @ 15%
Sir i need advice from you as i have incometax notice .Any contacf details .please provide guidance.
contact us on taxheal@gmail.com
@@casatbirsingh ok sir
Up to 7lakh income tax free include all head salary+ short term capital+fd intt +dividend ?
ON SHORT TERM GAINS SPECIAL TAX RATE OF 15% ON SHARES SALE IN STOCK EXCHANGE
Mujhe 5 Lakh ka profit hua hai share market se short term se please tell me. Kitna tax dena hoga sir
if no other income then no tax under new tax regime. otherwise @ 15%
I wana became a tax consultant. How to join you. Plz guide me.
you can join channel membership and subscribe to our channel
Aap Iss government ki kitni galtiya ginwaoge Satbir singh ji😂😂
THANKS FOR COMMENT
What the tax in age of 72 year old pepole having income of rs 1500000 from stock trade sell short term
15% tax on listed equity sale sale
Mogambo khush hua
THANKS, PLEASE LIKE AND SHARE
Sir income 2.5 lakh short capital gain in 1 year can I pay tax
No tax.. If no other Income
Kisi ko pta h kya mera stcg me 3 lack 15 hjar h to total kitna tax bharna hoga kya me tax sleaves me aa rha hu kya...?
BETTER TO FILE ITR , NO TAX TAKE NEW TAX REGIME
@@casatbirsingh tq sir ❤️❤️very important information provided
Sir agar Maine share nhi becha hai aur humko 150000 profit hai long term me to kitna tax lagega . Agar phir loss hogya to uska kya hota hai
please check video of my channel on LTCG tax on shares and tax on share market income
@@casatbirsingh thank you 🙏
Sirg main home tutor hoon . Mujhe STCG sirf 15000 ki hui hai toh mujhe kitna Tax pay karna hoga.
NO TAX IF TOTAL INCOME UPTO RS 7 LAKH
@@casatbirsingh ok thank u sir
Hello Sir , " I don't have any job. My stcg is 4,50,000 and have Intraday profit 1,40,000 . Total income is 5,90,000 ."
And Sell Value in equity short term is 43,000,000 approx 4Cr.
Do i have to pay any TAX ? and whats amount of tax will have to pay if applicable ?
Is that AUDIT required?
no tax audit if income offered in capital gains, no tax audit if intra day turnvoer below rs 2 crore (difference in favourable and unfavourable)
@@casatbirsingh How much Tax i have to pay sir ? or either NIL ?
Aap tax ko tohfa kahte hai. Pehle to koi tax nhi tha share pe.
IT WAS THERE , LIMIT OF NO TAX INCREASED DUE TO NEW TAX REGIME
Telegram link not found
please search ca satbir singh taxheal on telegram app
अगर घाटे वाले शेयर बेचने से घाटा रकम ज्यादा आ रही है। और फायदे वाले शेयर बेचने से लाभ रकम , घाटे से कम आये तब क्या इन दोनों फिगर को आयकर रिटर्न में शामिल करना जरूरी नहीं रहता है।या लाभ रकम और हानि रकम की कोई सीमा रहती है। सरल भाषा में समझायें। शामिल नहीं करने पर कोई नोटिस आयेगा या पेनाल्टी लगेगी।
you need to report net profit and loss in itr
अगर किसी एक वर्ष में आपके घाटे की रकम मुनाफा वाले की रकम से ज्यादा है . . उदाहरण के तौर पर
अगर आपका कुल घाटा 100 रुपया है और कमाई चा मुनाफा की कुल रकम 50 रुपये है तो सब से पहले आप 100 रुपये में से 50 रुपया बाद कर लें तो उस वर्ष में आप को कोई टेक्स नहीं लगेगा और बाकी के 50 रुपये का जो नुकसान / घाटा रहेगा वो आप अगले 8 वर्ष तक carry forward कर सकते है और वह आले वर्ष या वर्षों के मुनाफे में से बाद ( set off) ले सकते हैं .
यु ट्युब पर बहोत से वीडीओ आप को मील जायेंगे जिसमें विस्तार से जानकारी दी गई है .
6.6 l job + 2 l STCG = 8.6 L
SO TAX
NEW AND OLD
NOTED, WILL TRY TO MAKE VIDEO. PLS LIKE AND SHARE
Share profi 700000rs. Loss 500000rs 200000 net profit.
file itr, no tax
Your marginal relief explanation is wrong.Please correct it.
pls explain what is incorrect
Useless video, what about a person also getting a salary say 10 lakhs, why do you assume that a person is doing nothing except trading in share market.
THERE ARE RETIRED SENIOR CITIZENS OR YOUNG PERSONS (WHO HAVE NO SALARY) WHO ARE ONLY DOING TRADING. FOR THOSE THIS VIDEO IS MADE
यूजलेस क्यों है? यह वीडियो केवल शेयर मार्केट में ट्रेडिंग करने वालों के लिए बनाया गया है। पहले समझ लिया करो फिर कमेंट किया करो
हर जगह आतंकवाद मत फैलाया करो मिया, ये तुम जैसे करोड़पति पंचर वालों के लिए नहीं है
वीडियो अत्यन्त महत्वपूर्ण है
Sir, Agar kisi ki income detail aisi ho to tax kaise calculate karenge (old aur new regime me). Sir, is case me marginal relief milega ya nahin, please bataiyega. Thank you so much sir.
Salary. 219000
Pension 342000
Short Term Share Trading Income 796000
Gross 1357000
MARGINAL RELIEF WILL NOT BE AVAILABLE
Thank you so much sir for a faster response. But sir, how much will be the tax liability on the amount ? Kindly tell. Thank you so so so much sir.
I think the tax amount comes to ₹98500 + Education cess ₹3942 = ₹102492. Please confirm.
How can we contact you sir, your email or contact no ?
taxheal@gmail.com