Select your interest and accelerate your financial growth.

Long Term Capital Gain Tax on Shares

Abhay is a married man looking to build a corpus for his life goals, mainly his retirement and his children’s education. He wants to invest in the stock market, mainly because it gives excellent returns over the long run. However, with the change in the tax laws on capital gains, he is confused about the tax impact. Abhay is not the only one. Many investors stay out of the stock market because they’re not sure about taxation rules. However, the rules are simple and easy to follow. Gains on the stock market are also subject to tax. This includes gains...more
Print This Page

HOW TO STRUCTURE YOUR SALARY TO MINIMIZE YOUR TAX BURDEN

As tax season approaches, Kartik was looking at his tax burden and figuring out ways to save tax. He had exhausted the limit under Section 80C (investment in tax saving instruments), Section 80D (investment in health insurance), and taken the benefit of sections like 80G (donations) and 80TTA (deduction for savings account interest). However, his total tax payable was still quite high. He compared his tax burden with a colleague with a similar salary and was surprised to find his burden significantly lower. His colleague assured him it was only a bit of restructuring that had resulted in a lower...more
Print This Page

TAX BENEFITS OF HEALTH INSURANCE POLICY

Aarti was looking at different ways to save tax as tax season approached. At a seminar that her company conducted, she learned that she could get a tax benefit for investing in a health insurance policy for herself and her family. Like many others, she only know about Section 80C for investment-linked deductions. In fact, there are several other sections which Aarti can use to save tax and benefit her family. A health insurance policy is one of the most important tools in a person’s life arsenal. With the cost of quality medical treatment rising, having adequate health insurance can...more
Print This Page

Long Term Capital Gain Tax on Shares

Abhay is a married man looking to build a corpus for his life goals, mainly his retirement and his children’s education. He wants to invest in the stock market, mainly because it gives excellent returns over the long run. However, with the change in the tax laws on capital gains, he is confused about the tax impact. Abhay is not the only one. Many investors stay out of the stock market because they’re not sure about taxation rules. However, the rules are simple and easy to follow. Gains on the stock market are also subject to tax. This includes gains...more
Print This Page

Tax benefits from Health Insurance

Aarti was looking at different ways to save tax as tax season approached. At a seminar that her company conducted, she learned that she could get a tax benefit for investing in a health insurance policy for herself and her family. Like many others, she only know about Section 80C for investment-linked deductions. In fact, there are several other sections which Aarti can use to save tax and benefit her family. A health insurance policy is one of the most important tools in a person’s life arsenal. With the cost of quality medical treatment rising, having adequate health insurance can...more
Print This Page

HOW TO SAVE TAX ON YOUR CHILD’S EDUCATION

Chetan has a two-year-old daughter and it’s his dream to provide her high-quality education right from preschool till post-graduation. Both he and his wife work and are actively looking ways to ensure that they have enough saved up and invested for their daughter’s education. The rising cost of a good education is worrisome, and they have to make sure they build an adequate corpus that fully meets all education expenses. Chetan is not alone. Every parent wishes to give her child a good quality education. Education is one of the biggest expenses parents can incur, especially if their child wants...more
Print This Page

ELSS vs SIP

Vidhi was looking to make some investments in the stock market to diversify her portfolio and also save tax. Since she had no experience in picking the right stocks, she considered mutual funds, and had heard that equity-linked savings schemes (ELSS) offered tax benefits. However, she didn’t realize that there were two ways of investing in an ELSS fund, and got conflicting advice from financial advisors. One recommended that she invest a lump sum amount while the other said she should start a systematic investment plan (SIP) and invest small sums each month. This contrary advice left her confused about...more
Print This Page

How to Save Capital Gain Tax in India

Rajiv sold off a significant portion of his equity shares to fund his son’s wedding. As tax returns season approaches, Rajiv is looking out for ways to reduce his long-term capital gains tax liability. He did not suffer any long-term or short-term capital losses that he can set off against the long-term capital gain, which means he has to look for other avenues to save tax. But how can he do that? Like Rajiv, there are many others preoccupied with methods of saving tax in the last three months of the financial year. This guide explains the two types of...more
Print This Page

HOW TO SAVE FROM EQUITY GAINS

How to save from equity gains Rajiv sold off a significant portion of his equity shares to fund his son’s wedding. As tax returns season approaches, Rajiv is looking out for ways to reduce his long-term capital gains tax liability. He did not suffer any long-term or short-term capital losses that he can set off against the long-term capital gain, which means he has to look for other avenues to save tax. But how can he do that? Like Rajiv, there are many others preoccupied with methods of saving tax in the last three months of the financial year. This...more
Print This Page

FII vs DII – Can DIIs replace FIIs in India

Economies like India, which offer relatively higher growth than the developed economies, have gained popularity as attractive investment destinations for foreign institutional investors (FIIs). Investors are optimistic on India and sentiments are favorable following the government’s announcement of a series of reform measures. FII’s net investments in Indian equities and debt have grown at a tremendous pace, backed by expectations of an economic recovery, falling interest rates and improving earnings outlook. Money invested by foreign institutional investors (FII), is often called ‘hot money’ because they can be pulled out at any time, and they have been blamed for large and...more
Print This Page