|Now with the financial year 2010-11 coming to a close, some of us would naturally wonder about the tax implications on our transactions this year.|
This POST is actually intended to enable a clear understanding on the capital gains tax and how it is computed. So here we bring our "Tax Primer" series for you.
|While in this first Tax Primer, we will talk about capital gains taxes and what are the applicable taxes on your transaction this financial year, in the second we will discuss 'short term capital gains tax' in detail.|
|Now, there are broadly two types of capital gains taxes in Securities transactions.|
|Let's take a look at an example which will explain the capital gains taxes in details.|
|Let us say Mr. Sharma has purchased securities A and B both on April 11, 2010 for a total price of 1,00,000 each. As on February 20, 2011, value of his investments is as follows:|
|In stock A, Mr. Sharma has profit of 30,000 and in stock B, Mr. Sharma has a loss of 50,000. Now he has the following 4 options to choose from taxation perspective:|
|So take a look at your portfolio and understand the possibilities of leveraging any potential capital gain/loss scenario for your benefit in consultation with your Tax Advisor. |
Monday, March 7, 2011
Understanding Tax Implications to plan your Equity Investments:
Labels: RECENT POST
Please read carefully Some very important points.. _*1.* Postpone travel abroad for 2 years.._ _*2.* Do not eat outside food for...
8 MILLIONS CHILDREN ARE NOT IN SCHOOL : THE POWER OF YOUR WORDS CAN HELP CHANGE THEIR LIVES .. JOIN THE MOVEMENT NOW
What is a Systematic Investment Plan (SIP)? SIP is a method of investing a fixed sum, regularly, in a mutual fund. It is very similar ...
LEARN B4 YOU EARN 2 Stories to Begin with :) 1. Nokia refused Android 2. Yahoo refused Google Story Over Lessons Learnt 1. Take risks 2....
Dear All Today is the first day of the new Financial year and we all are free now as lockdown prevails due to Corona crisis, so let's...
FIVE rules which an INVESTOR should follow... Rule#1 :Use Banks for financial transactions, short term cash management and credit manageme...
27/12/11 Sensex 15873(-96) Nifty 4750(-28) $ 52.92 Gold 27667 Silver 52896 CRUDE $99.91 ~ http://samparkonline.co.in
Infrastructure: Marginally positive • Funding related proposals a positive for entire sector (Both local & global) • Viability Gap Fu...
26/12/11 Sensex 15970(+232) Nifty 4779(+65) $ 52.84 Gold 27756 Silver 53065 CRUDE $99.91 ~ http://samparkonline.co.in