filmov
tv
Short Term Capital Gains Tax Calculation | Income Tax on STCG @20% with Examples in Hindi
Показать описание
Short Term Capital Gains Tax Calculation | Income Tax on STCG @20% with Examples in Hindi
In this video by FinCalC TV we will see Taxation on Short Term Capital Gains or STCG in Hindi. Short Term Capital Gains tax can be easily calculated on the gains made on shares or equity mutual funds by calculating profits within 1 year of selling of shares or equity mutual funds. STCG tax rate in India is 20% for FY 2024-25 irrespective of the income tax bracket you belong to and we will see calculations with examples. So let us understand Income tax on short term capital gains with examples. We will also understand What is Capital Gain, Section 111A for STCG with Examples, short term capital gain tax kaise bachaye, stcg tax calculation, stcg tax rebate, Income Tax on STCG Example, Basic Exemption Limits for age groups, STCG adjustment with Basic Exemption Limit with examples, etc.
Taxation on Short Term Capital Gains Blog:
Income Tax Calculator:
Income Tax Calculation Video:
Section 80C Deductions List:
JOIN Telegram Group:
DOWNLOAD Android App:
WHAT IS CAPITAL GAINS?
Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”.
WHAT IS SHORT TERM CAPITAL GAINS?
For shares of companies or equity mutual funds the period is 12 months. So shares or equity mutual funds sold within 12 months from the date of purchasing and making profits on such selling will be termed as Short Term Capital Gains.
Examples of STCG covered under section 111A:
- STCG arising on sale of equity shares
- STCG arising on sale of units of equity oriented mutual fund sold through a recognized stock exchange which is chargeable to STT
- Short term capital gains arising on sale of units of a business trust
- STCG arising on sale of equity shares, units of equity oriented mutual fund or units of a business trust through a recognized stock exchange located in any International Financial Services Centre and consideration is paid or payable in foreign currency even if transaction of sale is not chargeable to securities transaction tax (STT).
SHORT TERM CAPITAL GAINS TAX RATE
STCG covered under section 111A is charged to tax @ 15% (plus surcharge and cess as applicable).
Normal STCG, i.e., STCG other than covered under section 111A is charged to tax at normal rate of tax which is determined on the basis of the total taxable income of the taxpayer.
TAXATION ON SHORT TERM CAPITAL GAINS
Watch examples in Video and Website link above
ADJUSTMENT OF STCG AGAINST BASIC EXEMPTION LIMIT
Only a resident individual and resident HUF can adjust the exemption limit against STCG covered under section 111A. Thus, a non-resident individual/HUF cannot adjust the exemption limit against STCG covered under section 111A.
Watch Examples in Video.
#STCG #ShortTermCapitalGains #STCGTax #IncomeTax #fincalc
============================
LIKE | SHARE | COMMENT | SUBSCRIBE
Mujhe Social Media par FOLLOW kare:
============================
MORE VIDEOS:
============================
DISCLAIMER:
Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown.
I Am Not A SEBI Registered Adviser. All The Information Provided By Me Are For Educational/Informational Purposes Only. We Do Not Take Any Responsibility For The Accuracy Of The Data But As It May Contain Typographic Or Other Errors And Inaccuracies And We Expressly Disclaim Liability For Any Errors On The YouTube Channel (FinCalC TV). Please consult your Financial Advisor before taking any decision or action in terms of your Finances.
In this video by FinCalC TV we will see Taxation on Short Term Capital Gains or STCG in Hindi. Short Term Capital Gains tax can be easily calculated on the gains made on shares or equity mutual funds by calculating profits within 1 year of selling of shares or equity mutual funds. STCG tax rate in India is 20% for FY 2024-25 irrespective of the income tax bracket you belong to and we will see calculations with examples. So let us understand Income tax on short term capital gains with examples. We will also understand What is Capital Gain, Section 111A for STCG with Examples, short term capital gain tax kaise bachaye, stcg tax calculation, stcg tax rebate, Income Tax on STCG Example, Basic Exemption Limits for age groups, STCG adjustment with Basic Exemption Limit with examples, etc.
Taxation on Short Term Capital Gains Blog:
Income Tax Calculator:
Income Tax Calculation Video:
Section 80C Deductions List:
JOIN Telegram Group:
DOWNLOAD Android App:
WHAT IS CAPITAL GAINS?
Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”.
WHAT IS SHORT TERM CAPITAL GAINS?
For shares of companies or equity mutual funds the period is 12 months. So shares or equity mutual funds sold within 12 months from the date of purchasing and making profits on such selling will be termed as Short Term Capital Gains.
Examples of STCG covered under section 111A:
- STCG arising on sale of equity shares
- STCG arising on sale of units of equity oriented mutual fund sold through a recognized stock exchange which is chargeable to STT
- Short term capital gains arising on sale of units of a business trust
- STCG arising on sale of equity shares, units of equity oriented mutual fund or units of a business trust through a recognized stock exchange located in any International Financial Services Centre and consideration is paid or payable in foreign currency even if transaction of sale is not chargeable to securities transaction tax (STT).
SHORT TERM CAPITAL GAINS TAX RATE
STCG covered under section 111A is charged to tax @ 15% (plus surcharge and cess as applicable).
Normal STCG, i.e., STCG other than covered under section 111A is charged to tax at normal rate of tax which is determined on the basis of the total taxable income of the taxpayer.
TAXATION ON SHORT TERM CAPITAL GAINS
Watch examples in Video and Website link above
ADJUSTMENT OF STCG AGAINST BASIC EXEMPTION LIMIT
Only a resident individual and resident HUF can adjust the exemption limit against STCG covered under section 111A. Thus, a non-resident individual/HUF cannot adjust the exemption limit against STCG covered under section 111A.
Watch Examples in Video.
#STCG #ShortTermCapitalGains #STCGTax #IncomeTax #fincalc
============================
LIKE | SHARE | COMMENT | SUBSCRIBE
Mujhe Social Media par FOLLOW kare:
============================
MORE VIDEOS:
============================
DISCLAIMER:
Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown.
I Am Not A SEBI Registered Adviser. All The Information Provided By Me Are For Educational/Informational Purposes Only. We Do Not Take Any Responsibility For The Accuracy Of The Data But As It May Contain Typographic Or Other Errors And Inaccuracies And We Expressly Disclaim Liability For Any Errors On The YouTube Channel (FinCalC TV). Please consult your Financial Advisor before taking any decision or action in terms of your Finances.
0:05:37
Capital Gains Taxes Explained: Short-Term Capital Gains vs. Long-Term Capital Gains
0:08:02
Short Term Capital Gains Tax Explained For Beginners
0:02:05
Here's how to pay 0% tax on capital gains
0:16:00
Short Term Capital Gains Tax Calculation | Income Tax on STCG @20% with Examples in Hindi
0:16:12
Don't Make These Mistakes! Taxes for Day Traders
0:07:57
How Much Is Short-Term Capital Gains Tax?
0:09:23
Can Capital Gains Push Me Into a Higher Tax Bracket?
0:02:23
Capital Gains Tax Explained 2021 (In Under 3 Minutes)
0:10:58
Long Term Capital Gains Tax Explained For Beginners
0:10:47
Don’t Make THESE MISTAKES Selling Investments! | Capital Gains Offsetting
0:16:14
Stock Market Taxes Explained For Beginners
0:01:33
Budget 2024 Live Updates: Short Term Capital Gains Tax At 20% From 10% | Huge Simplification Of Tax
0:28:19
How to Smartly Save Taxes on Stock Market Gains? | CA Rachana Ranade
0:13:50
How to PAY ZERO Taxes on Capital Gains (Yes, It's Legal!)
0:05:23
Short Term Capital Gain On Mutual Funds | LTCG and STCG Tax
0:10:57
2024 Tax Guide: Navigating Federal, Capital Gains & Dividend Taxes
0:08:47
Long Term vs. Short Term Capital Gains Taxes 2022
0:04:59
Short Term Capital Gain Tax Kya Hota Hai? STCG Tax Explained.
0:05:32
Short Term vs Long Term Capital Gains Tax - 2020
0:15:13
Taxes on Stocks and Options Explained (Complete Breakdown)
0:07:20
Capital Gains Tax: Short-Term vs Long-Term (Explained)
0:06:48
Tax Free Limit of STCG FY 23.24 AY 24.25( Short Term Capital Gain) Calculation #stcg #capitalgain
0:09:50
Save STCG tax u/s 111A AY 24-25| Short term capital gain tax| Save capital gain taxes 2024|
0:23:49
Taxation on Short Term Capital Gains | Income Tax on STCG @15% [Examples]
Комментарии