Change in Taxation Rules for Debt Mutual Funds from 1st April 2023. What should retail investors do?

Recent changes in taxation rules for Debt Mutual Funds declared by the Government, has been a topic of discussion for the past few days. Several amendments were being made to the rules and regulations regarding it. In this blog, let’s explore the amendments made in the taxation regarding the specified Debt Mutual Funds and their impact on overall investments. Read more.....

 

What is Tax Gain Harvesting & Tax Loss Harvesting? How to calculate it? What are the benefits?

By its name, you must have got little idea that both terms Tax Gain Harvesting & Tax Loss Harvesting are related to taxation. Both strategies are related to reduction in tax liability.

Many people find taxation a very difficult or boring task. But, in this blog, we will make it simpler for you.

Let’s first talk about Tax Gain Harvesting. Read More......

Calculation : Long-Term Capital Gain Tax in Mutual Fund Investments

In Mutual Fund Investments, there are two types of gains that an investor can earn. The first one is earnings from Dividends & the second one is earnings from Capital Gain. In Capital Gain, there are two types w.r.t Income Tax Act.

1. Short-Term Capital Gain
2. Long-Term Capital Gain

In this blog, we are going to see how to measure the gain and what are the tax implications of Long-Term Capital Gain.

What is Capital Gain?

As per Wikipedia, the definition of Capital Gain is;

“Capital gain” is an economic concept defined as the profit earned on the sale of an asset that has increased in value over the holding period. An asset may include tangible property, a car, a business, or intangible property such as shares. Read More......

8 Important things you should do before 31st March 2023

 

There are just a few days left before the end of the Financial Year 2022–23. And as usual, every investor or earning member is supposed to complete a few important things before the end of FY. To avoid last-moment panic, in this blog, we are jotting down a few important points that would be helpful for you.

1. Linking your Pan Card with Aadhar Card

You must know that the last date for linking your Aadhaar with your PAN is 31st March 2023. After 31st March 2023, i.e. from 1st April 2023, your PAN number will become inoperative if it is not linked with your Aadhaar.

If you fail to do so, there are major consequences that you will face. A few of them are listed below, Read More…..