As you know, several tax changes have been introduced over the last couple of years related to all your favourite investment options and financial planning tools. Do you grasp them all? Let’s find out. Here is a fun quiz (updated for year 2020) to help you know how ready are you to navigate the tax […]
Here’s how to get all your Mutual Fund Capital Gains statements for filing IT returns
If you are filing your income tax returns for the year 2018-19 and you also have made sell or switch transactions in mutual funds during that year, you are then required to calculate, show and pay your capital gains taxes. I have been getting questions too about capital gains report for mutual funds. Now, if […]
Capital gains tax on property sale – Here’s a calculator you can use
Taxes are always a pain, specially if you have sold a property, where capital gains tax applies. Calculation of capital gains tax on property sale needs a little more effort than usual. I am sharing with you a quick capital gains tax calculator you can use to estimate your tax liability. We will use a […]
How to calculate your Capital Gains Tax on Mutual Funds in 2019
The year 2018 saw the introduction of long term capital gains tax on equity investments (mutual funds or direct stocks) at the rate of 10%+surcharge. As you file your tax returns, here are some key points to wade through the calculations. If you have sold your equity investment (held for more than 1 year) in […]
Mutual Funds 2018 – 5 big changes for investors
Year 2018 has been an action full year for mutual funds – the fund houses as well as investors. For the industry and the fund houses, it was all about size and volume. Assets under Management or AUM reached the highest at Rs. 24 lakh crores and the markets peaked, with more of you putting money […]
Capital Gains Tax – All that you need to know in a single place
Starting April 2018, the scope of capital gains tax has increased. Even your direct stocks and mutual funds are now subject to long term capital gains tax. There was no long term capital gains tax till March 31, 2018. So, real estate, gold, bonds, debt funds, etc have always been subject to short and long […]
