Income Tax on EQUITY | How is Tax Calculated on SHORT TERM CAPITAL GAINS and LONG TERM CAPITAL GAINS
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Income Tax on Equity |
Income Tax on Equity | How is Tax Calculated on Short Term Capital Gains and Long Term Capital Gains
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In this video we are going to see how tax is calculated on Short Term Capital Gains and Long Term Capital Gains.
Everything you need to know about Short Term Capital Gains and Long Term Capital Gains.
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Short Term Capital Gains, Long Term Capital Gains, Tax on Short Term Capital Gains, Tax on Long Term Capital Gains, Tax on STCG, Tax on LTCG, Tax on Equity Shares, Income Tax on Equity, STCG examples, LTCG examples, personal finance, income tax, calculate tax on STCG, calculate tax on LTCG, fincalc, fincalc TV,
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Short Term Capital Gains:
If you hold Equity Shares or units of Equity Mutual Funds for less than 12 months, than the profits or loss made is called Short Term Capital Gains or losses. On the other hand, if the holding period is more than 12 months than it is called Long Term Capital Gains.
Income Tax on Short Term Capital Gains = 15% on the profits
Income Tax on Long Term Capital Gains = 10% of the amount above Rs. 1 Lakh
No Tax need to be paid if the Long Term Capital Gains in a Financial Year is less than Rs. 1 Lakh.
Another important point to note is, in case your Income is below Rs. 2.5 Lakhs in a Financial Year. Let's say your Income is Rs. 2 Lakhs and Short Term Capital Gains is Rs. 1 Lakh, than you add Rs. 50,000 from Short Term Capital Gains to your Income which becomes Rs. 2.5 Lakhs on which you don't need to pay any Income tax, and than you pay only 15% of Tax on Short Term Capital Gains of remaining Rs. 50,000.
WATCH FULL VIDEO TO KNOW MORE ABOUT Short Term Capital Gains AND Long Term Capital Gains.
Thanks for watching.
DESCRIPTION ENDS
======================================
KEYWORDS TO SEARCH:
Short Term Capital Gains, Long Term Capital Gains, Tax on Short Term Capital Gains, Tax on Long Term Capital Gains, Tax on STCG, Tax on LTCG, Tax on Equity Shares, Income Tax on Equity, STCG examples, LTCG examples, personal finance, income tax, calculate tax on STCG, calculate tax on LTCG, fincalc, fincalc TV,
======================================
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Facebook : Facebook: fincalctv
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Credits:
News Theme 2 by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...)
Artist: http://audionautix.com/
DOWNLOAD the FREE ANDROID APP "FinCalC":
https://play.google.com/store/apps/de...
In this video we are going to see how tax is calculated on Short Term Capital Gains and Long Term Capital Gains.
Everything you need to know about Short Term Capital Gains and Long Term Capital Gains.
If you have not subscribed to FinCalC TV channel, SUBSCRIBE now using below link:
@fincalc
======================================
KEYWORDS TO SEARCH:
Short Term Capital Gains, Long Term Capital Gains, Tax on Short Term Capital Gains, Tax on Long Term Capital Gains, Tax on STCG, Tax on LTCG, Tax on Equity Shares, Income Tax on Equity, STCG examples, LTCG examples, personal finance, income tax, calculate tax on STCG, calculate tax on LTCG, fincalc, fincalc TV,
======================================
DONATE if you find our Videos HELPFUL:
GOOGLE PAY: abhilashgupta8149@okhdfcbank
BHIM UPI: abhilashvgupta@upi
======================================
LIKE | SHARE | SUBSCRIBE
======================================
DESCRIPTION STARTS
Short Term Capital Gains:
If you hold Equity Shares or units of Equity Mutual Funds for less than 12 months, than the profits or loss made is called Short Term Capital Gains or losses. On the other hand, if the holding period is more than 12 months than it is called Long Term Capital Gains.
Income Tax on Short Term Capital Gains = 15% on the profits
Income Tax on Long Term Capital Gains = 10% of the amount above Rs. 1 Lakh
No Tax need to be paid if the Long Term Capital Gains in a Financial Year is less than Rs. 1 Lakh.
Another important point to note is, in case your Income is below Rs. 2.5 Lakhs in a Financial Year. Let's say your Income is Rs. 2 Lakhs and Short Term Capital Gains is Rs. 1 Lakh, than you add Rs. 50,000 from Short Term Capital Gains to your Income which becomes Rs. 2.5 Lakhs on which you don't need to pay any Income tax, and than you pay only 15% of Tax on Short Term Capital Gains of remaining Rs. 50,000.
WATCH FULL VIDEO TO KNOW MORE ABOUT Short Term Capital Gains AND Long Term Capital Gains.
Thanks for watching.
DESCRIPTION ENDS
======================================
KEYWORDS TO SEARCH:
Short Term Capital Gains, Long Term Capital Gains, Tax on Short Term Capital Gains, Tax on Long Term Capital Gains, Tax on STCG, Tax on LTCG, Tax on Equity Shares, Income Tax on Equity, STCG examples, LTCG examples, personal finance, income tax, calculate tax on STCG, calculate tax on LTCG, fincalc, fincalc TV,
======================================
SOCIAL LINKS:
Facebook : Facebook: fincalctv
Twitter : Twitter: FincalcTV
BLOG: https://fincalc-blog.blogspot.com
======================================
Credits:
News Theme 2 by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...)
Artist: http://audionautix.com/
4 سال پیش
در تاریخ 1399/03/02 منتشر شده
است.
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