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 […]
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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 […]
Edited: 1st Feb 2022 after the budget announcement that surcharge on LTCG (Long term capital gain) of unlisted companies to be capped at 15%. Overall LTCG for unlisted companies now drops from 28.5% to 23.92%. We get a lot of credit for bootstrapping Zerodha and building the business without raising professional money. I have always […]
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 […]
Traders, If you are investing or trading, you would need to declare your profits and losses for the financial year (FY) while filing your income tax returns (ITR). All equity investments under the head of capital gains, intraday equity trading as a speculative business, and derivatives trading as non-speculative business income. Check out the Varsity […]
Traders, Financial year (FY) 2017/18 is coming to a close on March 31st. We had a good run on the exchanges until Jan 2018, followed by the drawdown in the last two months. If you have net realized short-term capital gains this FY, and currently hold stocks which have unrealized losses – you have a tax […]
Traders, One of the most popular requests we get every tax filing season from traders on our education modules on taxation is, “Why don’t we also help them with tax filing and audits”. Introducing www.tradetax.in Tradetax is a Rainmatter initiative formed by a team of experienced Chartered accountant’s (CA) with trading knowledge. We are the same team which […]
“Check out our detailed module on taxation while trading/investing on varsity.” Note: This article might contain information that will not comply with the current tax laws. Please read the Taxation module on Varsity for updated information Traders, Taxation is an often neglected aspect especially more for people who trade/invest on the capital markets. With the […]
“Check out our detailed module on taxation while trading/investing on varsity.” Traders, FY 2014/15 has been a great year for the markets with over 30% increase in the benchmark Nifty index. There have been stocks that have been multi-baggers and there have been laggards as well. With a few days left for the end of […]
“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 […]
A comfortable retirement is the ultimate goal we all work for, but most Indians don’t save for their retirement. This is why we introduced NPS on Coin last year One of the best ways to save for retirement is through the National Pension Scheme (NPS). It’s not only one of the lowest cost investment options […]
We’re in a bear market. Yes, things are terrible. But here’s everything you need to know about a bear market, so that you know what you’re in for.
Nithin recently made a post on Twitter about how we at Zerodha have never advertised. While this strategy has worked really well for us, it got us thinking — do our customers know everything we have to offer? For example, did you know that we are the only large broker to still offer 0 brokerage […]
It’s the end of another year, and it’s a good time to look back on the year that was. Performance-wise, 2024 was a weird year. Whether you were bullish or bearish, the markets gave everyone something. When you look at the broad indices, it was a good year for the markets. Look underneath the indices, […]
As we begin 2025, we wanted to take a moment to look back at what we have been up to in 2024.
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
$18 billion gone in a week because RBI wanted to defend the rupee and keep inflation in check.
The GIFT City has been a hot topic in India’s finance scene for nearly a decade. Short for Gujarat International Finance Tec-City, GIFT City is India’s first smart city and International Financial Services Centre (IFSC), located between Ahmedabad and Gandhinagar in Gujarat. It was set up in 2015 with big ambitions: to become a global […]
Revenues up, profits down, capex slipping, and foreign outflows on the rise—is India Inc. heading for a reset or just hitting a rough patch?
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 […]
For the second month straight, BSNL gained market share from private telcos. A real turnaround or just a blip?
If you’re thinking about buying gold jewellery as an investment, it’s not the best option. You’ve probably heard this before. The making charges and the gold wastage that occurs during the making of an ornament increase the overall cost, which you might not fully realize later if you decide to sell or exchange it in […]
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 […]
