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In the recent Budget 2024, one of the many proposals announced by Finance Minister Nirmala Sitharaman is the removal of the indexation benefit on long-term capital assets. Since real estate properties are big purchase items, these assets would be significantly impacted. The new rules will also be applicable even for purchases made earlier without any […]

Whenever a particular sector performs well, inflows into sectoral or thematic mutual funds surge dramatically, indicating investors chase returns. However, these sectors can underperform for extended periods, making timing crucial; for most investors, diversified mutual funds are a better option. The following charts show the sporadic returns from sectoral indices and highlight how some sectors […]

The RBI is in a fix. Too much capital is flowing into India. And it turns out, you can have too much of a good thing – money included.

Income-tax Return (ITR) Forms 2 and 3 include a Schedule FA for reporting foreign assets, income, beneficial interest and signing authority. This schedule is widely regarded as one of the most complex sections to fill in the ITR form. Introduced to combat tax evasion and money laundering, Schedule FA has been a mandatory component of […]

Starting June 29, 2024, account opening is now free for all resident Indians.

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 […]

It’s a weird paradox that we have so much financial content, but so little of it is good. Most of what passes for financial content today is dangerous nonsense. Sadly, this gets the maximum attention. At Zerodha, we have always tried to publish high-quality content from day 1 on all things markets, from Varsity, Z-Connect, […]

1. How is dividend income received from my equity shares and mutual funds taxed? Any dividends you receive from your stock investments and mutual funds are taxable at slab rates and are reported under the head ‘income from other sources’. If your dividend income exceeds ₹5,000, the entity paying you is required to deduct a […]

As part of our research, we recently analyzed India’s positioning among emerging market economies, a topic that continues to gain significant attention. In this blog, I will share insights from our analysis, comparing India to other key players such as Taiwan, Indonesia, Philippines, Brazil, Korea, Mexico, China, South Africa, Thailand, and Malaysia.   We looked […]

People are using RuPay less often, but they’re spending much more. Food prices climb further, running up our inflation. And other stories.

I recently read a Mint article discussing why people fall for unregulated schemes carrying great risk. The story cites the quote –  “There is nothing as disturbing to one’s well-being and judgement as to see a friend get rich. Unless it is to see a non-friend get richer,” from the book ‘Manias, Panics and Crashes’ […]

I recently sold my business and have saved around 50-60 lakh rupees, which I’ve invested in a couple of mutual funds. Before starting my next venture, I plan to take a break. My current lifestyle requires about Rs 50,000 per month. What is the best investment product to generate periodic income until I resume earning […]

India is adapting to the culture of credit cards at a staggering pace. While credit cards may seem like a means to financial freedom and accessibility, in many cases, they can be dangerous for your financial health. My cousin, for instance, is an IT professional living in Bangalore who enjoys a comfortable lifestyle. He has […]

A Power of Attorney is a document between two or more people where a person (the principal) gives another person (their agents) the authority to conduct financial, medical or private matters in the principal’s name. It is a legal document allowing someone else to act on your behalf. It is governed by the provisions of the Power […]

Regulatory constraints have led to under-investment in wealth businesses. Now, BeyondIRR is trying to harness technology in the industry.

I have capital gains on the sale of equity shares and mutual funds I bought in 2020. Which ITR form should I choose, and where should I report these gains in the ITR? For listed domestic shares and mutual funds, if the holding period exceeds 12 months, the gains are considered long-term. Since the shares […]

Remember that story of the chessboard and rice? A wise man presented a chessboard to a king, asking for one grain of rice on the first square, two grains on the second, four on the third, and so on, doubling the grains on each subsequent square. The king, thinking it was a modest request, agreed. […]

The purpose of life insurance is to replace a person’s earning capacity. Life insurance products have gone through a transition over the period. Once considered a savings and investment avenue, it is now considered risk reduction and protection for the family. We should all be happy that this positive change is happening, and people are […]

The past few years of climate startup funding in India have been dominated by electric mobility and infrastructure enabling electric mobility. This is why we made a conscious decision early last year to also enable as much support as possible for teams working on solutions in sectors like waste management which might not attract as […]

June is the second consecutive month where the economy has been sub-par. Is this just a blip? Or will policymakers have to step in?

If you keep even a casual eye on the markets, you couldn’t have missed the reaction on election results day, June 4, 2024. In fact, that entire week was chaotic in the markets, with significant volatility. At one point, the market dropped nearly 8% on the results day but came full circle, closing flat by […]

We have built an economic calendar that is powered by IndiaDataHub to make this easy for you.

Filing Income Tax Returns (ITR) can be challenging, especially for stock market traders involved in different segments such as Futures & Options (F&O), intraday trading, and delivery-based trading. So here’s a step-by-step guide if you want to file the ITR yourself. Step 1: Go to the e-filing portal > File ITR > Select assessment year […]