Tax increased on stock market gains
Be prepared because the time to gather courage and patience has come. – Short term capital gains (STCG) increased from 15% to 20% – Long term cap gains (LTCG) increased from 10% to 12.5% – Limit of exemption for capital gains will be set at Rs 1.25 lakh per year – Buy Back is taxed
Dhwanik Shah & Co. CA In Mahavir Nagar , Tax Expert
India in early stages of equity cult; budget eyed for populism: Chris Wood Any changes to the capital gains tax for equities – both long-term and short-term – in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election […]
Protecting My Equity Portfolio: Hedging with Futures and Options
In the face of rising global uncertainties — including tariff wars, geopolitical tensions, and India-Pakistan issues — market volatility over the next three months seems inevitable. To proactively manage this risk, I am implementing a hedging strategy using equity futures and options. My goal is simple: protect the value of my portfolio and avoid any […]
7 Things to Keep in Mind While Filing Your ITR
### *By CA Dhwanik Shah & Co.* ### **1. Review Your AIS (Annual Information Statement)** Ensure all your income sources and high-value transactions are correctly reflected and match with your actual records. — ### **2. Carry Forward Capital Losses (STCG/LTCG)** Report short-term and long-term capital losses on time to carry them forward for future tax […]