Reduce CAPITAL GAIN TAX by 90%! | Tax Harvesting EXPLAINED! | Ankur Warikoo Hindi

In stcp we don't get 1 lakh of profit tax free ? Anyone plz explain

Will the AMC cut the tax amount at the time redemption of MF?
Or Do we need to include it in ITR ?

1 saal matlab, on 31 march one year of one stock is over... or it is counted from the purchase date of the stock ?? @warikoo

My income is below rs. 2,50,000... My income is tax free....Have I to pay STCG or LTCG on my mutual fund or stock capital gain ??? Please reply.

Does this trick also works if I've already booked profits of more than 1Lakh for a financial year on a different stock/MF in my portfolio? 🤔

Jab hum profit wale shares bechte hai aur instantly kharidte hai same share more price me less quantity milegi

Instantly buy karnese that ll becomes intraday

Thank you Sir Explain each & every thing in very simple way Wah Wah Sir

For LTCG, does the stock have to be held for 365+ days?

Or does it apply even if I buy on 30 March and sell on 2 April? The calendar year is the same but the FY has changed.

Hi Sir, suppose I sell the loss making stocks and on the same day or the next day I had to buy the same stocks (Loss making stocks) or different stocks? Pls clarify..

@Warikoo, How can we do tax harvesting on sip on stocks?

koi ye batado ki share market me 1 saal me kitna amount gain karene pe tax bharne ki notice aati hai? suppose mene 5 lac earn kia ussme se mene 4 lac kharch kar diya toa tax 1lac pe lagega ? ya 5 lac pe

tax harvesting is a fancy term ....actually, the tax to be paid is just postponed for the coming year....tax harvesting is for those whose is in the stock market for a short period of time and for small gain....if anyone wants to be in the stock market and have the chance to have some significant gains then this stock tax harvesting is increasing your tax amount by nearly 50% ...yes you heard it correctly it just increase your tax amount by 50%.

Ankur do I have to sell total investment or only sell only profit part?

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity

Bhai practical chiz bataya karo

In US you can carry forward capital loss indefinitely and you can use that to reduce the ordinary income upto $3000!
In Canada, you can even carry backward capital loss upto 3yrs and forward indefinitely!
I am not sure that it is the same case if you are buying US stocks from India!
Because for me long term is one year when buying US stocks unlike if you are buying from India(2 yrs).

Sir, If there is loss of Rs. 15000 in Short term capital gain and there is profit of Rs. 45000 in LTCG. How to account ?

On part 1 - the calculations shown in the video do not factor in the transaction charges of exiting and entering the trade. In today's date for stock transactions they easily eat up 30% of the profits. So need to bake those charges in before deciding on benefits of Tax Harvesting!

On part 2 - I am not sure how this is beneficial as if you book loss and use that to save tax this FY then the next FY when you book profit on the re-bought loss transaction the profits will show higher so you end up paying more tax on the new re-bought transaction. Besides you end up paying the transactional charges extra. So it creates more problems then solves any.

Are bhai, excel sheet is not everything. The government takes a lot of taxes in various names for buying and selling and also broker charges, eventhough less compared to government taxes, so tax loss harvesitng is not a plain excel sheet calculation that you are showing

What about taxes on intraday profits?

Sir..i have no income source or m 1.6 lakh k shares agr bechunga jo ki abi short term m count hoga toh kya mujhe stcg dena pdega?

Sir ji Namaste, allowable deduction of expenses against profit of share trading ke barrmey vdo banayiye.

S,T & L,T, Capital Gauns aur losses adjustment karne ke baad. Exlenses ke taur pe kaunse Deductions mil sakate hai. Pls explain thoughroli in separate vdo , if possible.

Sir ji namaste,Tax Harvesting ke concept mey hum Bank and Gov.Taxes appx .68% pay karenge,usako calculation mey liniye.

Sir, whether 10 percent exemption is still applicable on LTCG?

BRILLIANT..

Selling a perticilar stock after a year and buying means you have to buy at higher price and your avarage return is also lesser in this technics...

One question , suppose I sell a stock in which I am making profit. Then I buy it back, isn't it that the price of the stock had increased and I might be buying the stock at a more expensive price. Plz inform. I am new in stock market.

What to do if I buy stocks in dips or quarterly basis then how to calculate

If you do tax harvest on ltcl, next year you need to pay more ltcg. It's just postponed. So what is the use?

ये जो जानकारी दिए है वो वन स्टॉक का बता रहे है की पूरे डीमेट अकाउंट में जितने शेयर है वो काउंट करके टैक्स देना पढ़ता है सर कृपया उत्तर जरूर दे सर

Is 1 lakh exemption applicable to all (including a person in 30% tax slab)?? In few articles I have read that you have to pay tax as per your tax slab. Please clarify. I am sharing the example below:

Mr. Ash has taxable salary of INR 4 lakh and income from other sources (interest on FD and savings account) of INR 80k. Mr. Ash is smart. He knows that he pays no tax if his income is less than INR 5 lakh. His friend told him that he can book LTCG of upto INR 1 lakh and pay no tax on this too. Since it is “exempt income”. He went ahead and sold his index fund and booked a profit of INR 1 lakh.

This is where tax planning goes for a toss.

Mr. Ash’s taxable income will be calculated as under:

INR

Taxable Salary
4,00,000.0

Other Sources
80,000.0

LTCG on Equity
1,00,000.0

5,80,000.0

Notice that his total income has exceeded INR 5 lakh. This means he will not get the rebate under Section 87A.

Here’s how his tax will be calculated:


Tax on LTCG at 0% - 0

Tax on other Income (Slab rates) - 11,500

When you sell it to make gain less than 1lac, does that profit amount added to your income and taxed as per the income tax slab for salaried person?

If i redeem short term capital gain that is less than 1 lac what i have to pay 15% tax?? Pls tell me ...

Watch out for dividend stocks, recently they arent counted in STCL (RIP dividend stripping)

@warikoo first of all great video sir.
I have a query sir.
Say my income crossed 1lakh and I wasn't tracking it .
And it's 1 lakh 10k to be exact at the moment.
So shall I do tax harvesting now ? Or wait for my profit to go down under 1 lakh ?
Or sell now as my negative stocks are worth 30k aproxx
May be from there short term loss and gain will be set off ?
Just for your reference
My total gain- 1 lakh 10k
Unrealized loss- 30k
Now guide me

What would happen if I had buoght quantities at different time interval

Thanks for clarifying tax ideas...🙏
🎉🎉🎉🎉🎉🎉🎉🎉🎉
Mutual fund upto 1 lakh, no tax
Also says if sold before one year, 15% tax... is this tax on earning below 1 lakh too. Say ₹50k in nine months. If sold before one year, tax liability applies? (7500, 15%)
🎉🎉🎉🎉🎉🙏🙏🙏🙏
Am in confusion. Please help.
Mutual fund sold before one year, 15% tax liability on any appreciating amount?
🎉🎉🎉🎉🎉🎉🎉🎉

Sir if i purchased share every month (like 01 jan then 01 feb...) on a fix date and i sell them after gained profit around 1 lac after one year (like 02 jan, 02 feb) on every share then I'm exempted from tax or not
Plz reply sir

Hi Ankur, your videos are great. I want to add something to this video. Someone might point this out already.

For the USA you want to check out the “Wash sale rule”. According to this if you immediately buy your stock you cannot claim that loss for tax savings. You have to wait for at least 30 days.

If we own a stock for less than one year, profit is less than 1 lakh and we are below the income tax bracket, do we still have to pay the 15% tax?? @warikoo

Thank you so much sir

Hello what is the best way to get started with bitcoin investment or Forex trade cos I have been making my personal research for a while now

Sir trading me tax save kese hota hai

Profit hi profit ho , to kya karun ????😂

What about Futures and Options?