#trading


 

GIFT City benefits for NRIs

I have been an NRI living abroad for the past 10 years. I have heard a lot about GIFT city benefits for NRIs, and I would appreciate it if you could elaborate a bit.  The International Financial Services Centre (IFSC) at GIFT City in Gujarat, India, offers several advantages to Non-Resident Indians (NRIs) living abroad. […]

Partner, Cyril Amarchand Mangaldas
0
16 Aug 2024
 

FY23-24: Do You Have Losses from Trading? Here Are the Set-Off and Carry Forward Provisions

Could I offset my trading loss with the profits I earned on my long-term stocks and mutual funds holdings? What are the set-off rules for trading loss? Let’s first understand how income from different transactions is classified. F&O trading is classified as a non-speculative business, while intraday trading is treated as a speculative business. Further, […]

Content, Quicko
33
28 Jun 2024
 

FY 23-24: I trade from my mother’s demat account. Should I pay taxes?

I have a salary income. I incurred capital gains because I sold some mutual fund units in FY 23-24. I trade once in a while (not a regular trader). I have neither gains nor losses from my trading activity. What ITR form should I use? Individuals with salary and capital gains income are required to […]

Content, Quicko
9
07 Jun 2024
 

How Dopamine Affects Your Trading Results

Did you know that a hormone in the human body dictates almost every decision we make in our lives, especially our investing and trading decisions? It’s called dopamine.  Dopamine influences financial decisions by enhancing the perceived value of potential rewards, motivating individuals to take risks for higher gains. It also reinforces past successful financial behaviors, […]

Associate Vice President, PhillipCapital India
1
04 Jun 2024