Search: taxation

India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We all have that one friend or a relative living abroad who regularly sends money back to India for family maintenance, investments, medical care, education, and more. Such inward remittance is governed by […]

“Check out our detailed module on taxation while trading/investing on varsity.” Traders, Taking care of taxation is a critical aspect of the business which every trader needs to plan in advance. As and when the Income Tax (IT) department in India is going completely online, their efficiency of spotting deficiencies, misfiling or wrong filing is […]

Dear Fellow Traders, It is that time of the year when all of us have to sit and plan for our income tax returns. I am sure many of you have an umpteen number of queries when it comes to taxation while trading equity, F&O, Commodities and Currencies. It is important to declare either profits […]

“Check out our detailed module on taxation while trading/investing on varsity.“ Traders, I have been trading personally for a very long time and the tax filing times have always been the most painful part, sitting with a CA and accounting for profits, losses, expenses and others. I was in similar shoes as most of you […]

If you’re an NRI, managing finances in India can be tricky, especially with the various account types and investment options to consider. In this post, we’ll break down everything you need to know about NRE, NRO, PIS, and Non-PIS accounts and also discuss why NRIs from the U.S. and Canada face restrictions on investing in […]

Buying a home is an aspiration for so many people, representing both a financial commitment and a personal milestone. However, the journey from purchasing to owning and eventually selling a property comes with several tax implications that can often be overlooked. In this article, we’ll break down the key tax considerations at each stage—buying, owning, […]

The Finance Minister announced several changes in the 2024 Union Budget that are intended to streamline and rationalize certain aspects of taxation, along with improving the ease of doing business in India. Several of these measures apply to capital gains and income for all tax-filing entities and, hence, would apply to the 30 million+ NRIs […]

Mutual fund schemes have two options while investing – Growth Plan and Income Distribution Capital Withdrawal (IDCW) erstwhile known as Dividend Plan. Usually, investments in mutual funds are made for long-term wealth creation. However, there are times when investments in Mutual Funds are made from the perspective of regular income. In that case, two options […]

Series I of the Sovereign Gold Bond, issued in July 2016, was due for redemption on August 5, 2024. We compared how different forms of gold—such as SGBs, gold funds/ETFs, physical gold, and gold in jewelry form—fared during this period. Remember that every form of gold ownership has its own merits and demerits. Based on […]

The finance minister Nirmala Sitharaman presented the Union Budget 2024 today and announced several changes aimed at simplifying the taxation of capital gains. These changes will have a direct impact on your take-home gains and there’s a lot of confusion going around the same. So, we will try to provide clarity on how your capital […]

In Budget 2024, the first budget in a decade presented by a coalition government, Finance Minister Nirmala Sitharaman announced several proposals that change the existing tax treatment for almost all asset classes. Top among them is the taxation on equity shares and mutual funds. Sitharaman also proposed a few tweaks to the new tax regime […]

It is critical for traders and investors to file their taxes, whether they made a profit or a loss. People often think that they don’t need to file taxes if they’ve made losses, but that’s not true. We also understand that filing your taxes might seem difficult, so we have created reports on Console to […]

If there’s one thing to take away from the election results, it’s that you should expect the unlikely.

Family Offices are, in simple terms, entities that have been set up to cater to some financial & some non-financial needs of ultra-high-net-worth individuals. These individuals can be family business owners, entrepreneurs, or even some very high-paid professionals.  These offices provide services in the areas of investment management, expense management, tax planning, and other non-financial […]

Whether you’re a seasoned trader or just starting out, understanding the taxation of trading income can make a significant difference in safeguarding your hard-earned capital. In this article, we’ll delve into the intricacies of income tax for traders, shedding light on how understanding the taxation of trading income can make a significant difference in safeguarding your hard-earned capital.

Sovereign Green Bonds (SGrBs) are issued by the Government of India to raise money for green projects to reduce carbon emissions. You can now invest in SGrBs on Zerodha Kite.

2023 has been a phenomenal year for Varsity. We kickstarted many new initiatives with a long-term vision of simplifying markets. Here’s an update on Varsity in 2023.

Whether you’re a seasoned investor or just starting out, understanding the tax implications of your investments is crucial for making informed financial decisions. In this blog post, we’ll help you understand everything about income tax for investors.

Why should investors and traders pay advance tax? Paying taxes is often seen as an annual ritual during the filing of Income Tax Returns (ITR). In reality, it’s a continuous process, and one aspect of this process that often goes unnoticed is advance taxes. Since the deadline for 3rd instalment of advance tax is approaching […]

Happy Diwali everyone, if this festive season you are looking to gift something to your loved ones, we think stocks, ETFs, and bonds are the perfect gifts, and they are quite literally gifts that keep on giving. They are also a great way to introduce your loved ones to investing and capital markets and in […]

Keanu Reeves, a Canadian actor and the lead actor in the movie ‘The Matrix,’ was once asked in an interview, “What do you think happens when we die?” His response touched everyone emotionally for a moment – he said, “I know that the ones who love us will miss us.” Now, imagine if that person […]

अगर आप ट्रेडर है तब आपको tax ज़रूर फाइल करना चाहिए, चाहे आपको प्रॉफिट हुआ हो या फिर लॉस। ज़्यादातर लोग ये समझतें हैं की अगर उन्हें लॉस हुआ है, तब उन्हें tax फाइल करने की कोई ज़रूरत नहीं है, लेकिन ऐसा सोचना गलत है। आपको इसके लिए भी नोटिस मिल सकता है। हम जानतें […]

As a trader, it’s extremely important to file your taxes, regardless of whether you made a profit or loss. Most people assume that just because they’ve made losses, it’s not necessary to file taxes, but that’s a mistake—you may get a notice from the Income Tax Department regardless of that. We also understand that filing […]

यह साल का वह समय है जब हम सभी को बैठकर अपने इनकम टैक्स रिटर्न भरने को प्लान करना होता है। FY 2019-20 के लिए अपना इनकम टैक्स रिटर्न जमा करने की आखिरी तारीख 31 दिसंबर, 2020 है और ट्रेडर्स को समय पर अपना इनकम टैक्स रिटर्न (ITR) भरना होगा। ऐसा क्यों है: इनकम टैक्स […]

ट्रेडर्स  यदि आपने कोई स्टॉक्स या म्यूच्यूअल फण्ड अपने पोर्टफोलियो में रखा है जिसमे अनरियलाइज़्ड लॉस हैं आप इन नुकसान को रियलायइज़्ड प्रॉफिट के बदले सेट-ऑफ कर सकते हैं , जिन पर आपको टैक्स देना हैं। ऐसा करने के लिए, आप नुकसान बुक कर सकते हैं , जिससे आपका प्रॉफिट कम हो जायेगा। जिसके कारण […]