It all depends on the gains, exemption limit is raised to 1.25 lakhs.  
  
 Having said that, increase in LTCG is disappointing

So we can harvest long term gain upto 1.25 lakh now?

Software Developer

Product Manager

Unbooked? Isn’t it at the time of liquidation?

I dont think taxes are applicable on unrealised gains at least when it comes to domestic stocks and MFs

Software Engineer

All the UNBOOKED Gains in your Portfolio would now attract   25% MORE LTCG (10% to 12.50% is NOT 2.5%, but 25% more), Surcharge extra as applicable.  33.33% MORE STCG (15% to 20% is NOT 5%, but 33....

Welcome to Personal Finance's Private Community

All the UNBOOKED Gains in your Portfolio would now attract -

25% MORE LTCG (10% to 12.50% is NOT 2.5%, but 25% more), Surcharge extra as applicable.

33.33% MORE STCG (15% to 20% is NOT 5%, but 33.33% more), Surcharge extra as applicable.

More taxes

Product Owner

More taxes- Grapevine

Can someone share in detail how can I invest in US Stock Market from India, what would be the remmitance charges and what are the tax implications, other things to keep in mind l, etc etc..

Investing in US Stock Market

Sales

Can someone here explain the LTCG and STCG taxation on equity investments (or maybe applicable to other asset classes also) ? From what I understand, LTCG is taxed at 10% on profits exceeding 1 lakh. However, when making a partial withdrawal, what exactly constitutes profit?

let's say I have invested 10 lac in a mutual fund today and after 3 years grew to 13 lakhs with profit of 3 lakhs, now if I withdraw 2 lakhs after that 3 years, will be it be considered as profit withdrawal or the withdrawal of the principal that I invested? and what will be the taxes on that?

LTCG and STCG taxes on equity investements

I am of the understanding that capital gains under 1L are tax free and those gains aren’t to be added to your taxable income. However, I met a friend this evening who informed me that her CA says that capital gains are always added to the taxable income and are not really tax free regardless of them being under 1L. If this is true, my friend is not getting the 6K rebate she was hoping to get since her taxable income now crosses the 5L barrier. Had the capital gains not been added to her taxable income, she would well under this 5L barrier. 

Can anybody please confirm if this is indeed true?

Some additional context: The capital gains are from her ELSS investments which were sold in the last FY and amounted to about 50k over the sale of about 1.7L

If this is indeed true, I have a follow up question from an inversion POV - if capital gains indeed exceed 1L, will one then be taxed twice? i.e. The 10% LTCG tax as well as the slab based tax on taxable income (salary - dedications + capital gains)

Capital gains related tax query

Welcome to Indian Startups's Private Community

Say you have ESOPs in a company. Once the company goes public, is there a holding period applicable for the esop before which it can not be sold?
Like 1 month/3 months/6 months holding periods?

Can someone also explain how the conversion of ESOPs to RSUs happens after IPO?

And mainly, tax implications and how to save tax?

Can someone explain esop selling during/after ipo

Heyy folks, will be highly thankful for any clue. I am entering LTCG of just 59K, and yet ITR starts charging 20% tax on it. I have already tried entering it in different-different sections, but nothing worked. Now, I am thinking to delete the current saved form and start all over again, just in case it is some temporary issue on their side with their serve side caching? Where exactly the LTCG needs to be entered that, that 1 lakh exemption is obtained?

ITR Help needed- LTCG being taxed?

Hello Viners!
I am thinking of withdrawing funds from MFs I have invested in with LTCG ~ ₹1 lac and reinvesting the entire amt into the same fund. This is to book gains and avoid taxes. I know STCG will have to be paid which i am okay with.
Anything fundamentally flawed with this process or a normal practice?
Thanks!

Book gains and reinvest?

Growth Manager

I had invested in a SIP (equity) for 3 years and am withdrawing the investment via a 12 month SWP spread across two financial years. 

This helps me ensure that the capital gains do not exceed 1L in any of the financial years. 

Assuming a scenario where the capital gains exceed 1L, how will they be taxed? And if I need to claim an indexation benefit, how do I do it?

How are gains from SWP taxed?

Founder’s Office

So say one has 100 ESOPs which a person exercised and converted to say 1000 shares  in say Jan 2024

Now if IPO happens in aug 2024, what will be the long term capital gains tax rate for these shares.

Will the tax rate change if one sells them say in Feb 2025, sept 2025 , Feb 2028 considering tax policy, tax rates to remain unchanged?

How's are captial gains taxed post IPO sell off?

UX/UI Designer

Welcome to Office Gossip's Private Community

Is it better to have base in 30-50L range and more equity in long run? Just wondering if anyone has found that it was better when their base was below 50L? Like is there a sweet spot? 😆

As tax is higher beyond 50L…

Welcome to News Discussion's Private Community

We pay income tax, gst etc, no benefits interms of healthcare, education, good quality of life etc. We save our hard earned money to invest in markets to get good returns for our retirements etc. Indian gov is taking money from there as well.

Salaried employees are fucked for life

A friend recently got a SME IPO. 1.2L Rs was the investment and it is expected to open at 100% premium. So basically around 1.2L profit. (>1L limit for capital gains)

His income is 45K for this year, hence under the exception bracket. 

So if he sells the shares tomorrow itself is he liable for STCG or not?

Related to Taxation

Finance Consultant

Can someone throw light on RSUs(US based) taxation in India
1. How are taxes deducted? 
2. Does the taxes gets deducted in India as well as the US?
3. What is the right approach to pay these taxes? using shares or by salary if falling in 30% + surcharge bracket.
4. I salary is 85 lakhs and RSUs vesting per year is 50 lakhs..Then what would be taxable income?

Inputs are highly appreciated.

RSUs taxation in India

Standard deduction for employees increased to 75k
STCG  increased to 20%
LTCG increased to 12.5%
🥹🥹🥹

Increment in tax [Budget 2024]

So i got the ESOPs in my current company and now they want me to exercise it as it is mandatory to exercise the ESOP in a certain period of time. What will happen once I exercise it?? Also i am thinking of quitting the company so what will happen to the exercised ESOP if I leave the company??

Please give any resources to understand the complete what, how and when of the ESOPs and general summary regarding it

Can anyone please explain to me the ESOP thing??

Frontend Engineer

Welcome to Software Engineers's Private Community

Suppose i am given 100 $ the. How much tax will i have to pay like forex, LTCG or STCG

More taxes

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