“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 […]
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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 […]
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 […]
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 […]
Traders, If you hold stocks or mutual funds in your portfolio that have unrealised losses, you can set off these losses against realised profits, on which you have to pay taxes. To do this, you can book the losses, effectively reducing the realised gains and hence also reducing the tax payable. This act of booking […]
We started Rainmatter in 2016 because we realized that the Indian markets were quite shallow. The only way we could grow was if the investor participation in Indian capital markets grew, and we could only do so much on our own. So we started backing founders who were building things that could bring in the […]
जब हमने शुरू किया था तो हम यह जानते थे कि ट्रेडर्स के लिए टैक्सेशन कभी भी सरल नहीं था। हमने Varsity के इस मॉड्यूल में यह बताया है कि ट्रेडर्स और इन्वेस्टर्स के लिए टैक्सेशन कैसे काम करता है। हम उनकी मदद करने के लिए और भी बहुत कुछ कर सकते थे इसलिए हमने […]
When we started off, one of the things we were aware of was that taxation for traders was never simple. We have explained how taxation works for traders and investors in the Varsity module on taxation. We could always do more, so we partnered with Quicko, a startup to help people file taxes easily, via […]
Everything is fintech, and fintech is hot right now. According to CB Insights, Q1’21 was the best quarter on record for fintech, with $22.8 billion in funding. The same story is playing in India. According to Bain, fintech VC funding has grown from about $700 million in 2018 to $1.2 billion in 2020. Just halfway […]
Traders, If you hold stocks or mutual funds in your portfolio that have unrealised losses, you can set off these losses against realised profits on which you have to pay taxes. To do this, you can book the losses, effectively reducing the realised gains and hence also reducing the tax payable. This act of booking […]
It’s that time of the year when all of us have to sit down and plan our income tax returns. The last date to file your income tax returns for FY 2019-20 is December 31st, 2020, and traders need to file their Income Tax Returns (ITR) on time. Here’s why: the income tax department has […]
Traders, If you hold stocks or mutual funds in your portfolio that have unrealised losses, you can set off these losses against realised profits on which you have to pay taxes. To do this, you can book the losses, effectively reducing the realised gains and hence also reducing the tax payable. This act of booking […]
A super important part of trading is filing income tax returns (ITR), irrespective of whether you’re profitable or have made losses. Through the Markets and Taxation module on Varsity, we have not only explained all aspects of taxation, but also answered thousands of queries. It was obvious that just education isn’t enough, but we need […]
P&L statements typically display charges on an overall basis. So if you search between a time period, you’d see total charges across all trades in that period. Along with this, on Console, we now have scrip-wise charges. This means that you will be able to see what portion of the overall charge was due to […]
