Income Tax In STOCK MARKET | All Trading & Investing Taxes Explained Ft. CA Ishant Juneja Ep-02
ฝัง
- เผยแพร่เมื่อ 19 มิ.ย. 2024
- Income Tax in Stock Market or Share Bazaar is something which is can be puzzling to traders and investors of India who have a limited understanding of how even brokerage and taxes while investing in market work.
That is why A Digital Blogger presents you with a full-fledged video on Income tax in the stock market where we explain all the ITR fillings traders and investors need to pay before 30th July 2022, which is the last date to file Income Tax for the year 2021-22.
As an expert in income tax, this video features CA Ishant Juneja @CABHAIISHANT (rrayze.com/) who will answer every possible question or query a trader or investor might have about income tax in the stock market. We have covered the topics of tax in derivatives, SIP, equities, long-term, short term as well as Buybacks and Dividends.
We have taken most of the questions from the comments section from various other tax-related videos. Here are the links:
• Mutual Funds पर भी इतन...
• Stock Market TAX के 3 ...
• Trader का INCOME TAX 😭💰!
This video will also try to clear the year over the Myths in the stock market about income tax such as why pay income tax when already paying STT and GST. In case you have any other questions related to income tax in stock market trading or investing then kindly use the comments section. We will answer all of them.
Chapters:
00:00 Introduction
01:30 Why Income Tax In Stock Market?
03:15 What if I don't pay Income Tax?
04:55 LTCG And STCG Explained
13:10 Can I Pay Income Tax On My Own?
15:40 Income Tax On BUYBACKS
16:46 Tax Expert Fee
17:45 ITR Forms You Should Know About
20:35 Income Tax For SIP Investments
21:10 Do Students Have To Pay Income Tax?
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The video covers following topics:
income tax,tax on shares,income tax return,how to save tax,stock market taxation,income tax share market profit,income tax stock trading,stock market me income tax,share trading income tax return,share market income tax kaise bhare,share market income tax in hindi,intraday trading income tax return,income tax on options trading,income tax on intraday trading profit,income tax investment,net investment income tax,trading tax in india,share market,investing
For any help in Stock Market Taxation fillings contact: ishant.juneja@rrayze.com
Can you please share your opinion on GG engineering stock. Thank you
If i make profit of 50k in short term and my income is around 2 lac
Total 2.5 lac i have to pay any tax?
Content accha hota hai, par yrh gandhi c tune kaam ke parde faad deti hai
Why not everyone tell about this
If your total income including STCG after applicable tax deductions is below Rs 2.5 Lakh, then your total tax liability is nil and also no liability will arise us/ 111A as deduction up to the basic tax exemption limit is allowed
How do they collect taxes??
We have to send tax to govt? Or it is automatically deducted during transactions?
आप ने बहुत बडीया information दे दि सर जी ईसकी सभी trader को जरूरत पडेगी incom tax का नाम सुनते ही लोगोन के मन मे_ दिल मे घबराहट होणे लगती हे। तो आपकी good info. जरून काम की बात हे 🚩✌️जय हो सरजी🇮🇳🇮🇳🏁
Excellent video sir it had clear all my doubt since last 3 to 4 years hats off sir
ऐसे वीडियो को सभी इन्वेस्टर्स को देखना ही चाहिए ताकि किसी का घर बर्बाद होने से बच जाएगा ।।आप लोग बहुत ही अच्छा काम कर रहे हैं जो इस वीडियो में दिख रहा है भगवान हमेशा ही आप लोगो को स्वस्थ रखे,wealth wish की तो जरूरत ही नही है क्योंकि आपका स्टेटस करोड़ो में है ।।
Thank u WR ।।।
Great informaton
Turnover main jo loss or profit ko milake calculation hota hai, suppose ek trade me loss hua 1000 but after calculation brokage ,tax, stamp duty ,the practical loss is say 1100.
2nd example ek trade profit hua 1000,but after deducting brokarage,tax it come down 900
Then turn calculation is
(A)1000+1000=2000
(B)1100+900=2000
Income tax (for share traders) confusions clarified to a large extent. Thanks a lot to both of you. God Bless.
Thank you too!
@@ADigitalBlogger tax dene ka process kya hai ?
@@ADigitalBloggerbhaiya trading krke profit loss krte krte loss ho gaya to vo itr me Fill Krna jaruri h? Kuch din me 14k lagae the 6k ka loss ho gaya
Ab itr me Fill ni kare to?
@@ADigitalBloggersir ka office kya hai.
Aap bahut jordar aadmi hai. Bahut bahut dhanyavaad aap hamesha meri help karte hai. Aaj pura concept hi clear kar diya aapne income tax pae
Superb and outstanding explaination, Thank You so much 🙏🙏🙏🙏🙏
THANKYOU FOR THIS VIDEO. MUCH AWAITED VIDEO
ALL DOUBTS CLEARED
Thats Superb Jashan!
A very very thank you sir for including my question 🙏
I never knew more about this taxes..m but after watching this video now I knew that there are lots of taxes... Thanks a lot sir
You're most welcome!
Very informative video I was eagerly searching for. 😊😊☺
Thankyou sir valuable information ❤️
Great topic covered ...
Thank you...
My pleasure
I can say in 1 word --> Ultimate!!
Very well explained .almost all my doubt get cleared
If you opt and declare your equity holdings as Stock-in-Trade, then it would be considered as business income instead of STCG/LTCG
Fii short term trades are not considered as stock-in-trade. Why should they enjoy this advantage and not retail traders?
and in Case of Intraday
This is a Speculative Business Income
There is a Tax @ 30% and Carry forward Allowed for 4 year only instead of 8
Tnq sir ji ❤❤ Bohot confusion tha phele , but bohot kuch Sekneko Mila iss session se 🎉🎉 Fir future me iss type ka session Dejeye 🎉🎉🎉🎉
Sir ji bahut achhese saralata se aapne samzane ki koshish ki hai. Thank you both of you.LTCG AUR STCG se 1) Internet charges, fone recharges, 2) Electricit bill 3) New TV / Laptop/ Computer purchase and repairs 4) salary of office boy 5) Office rent 6) share market educational course fees. etc..expenses profit se minus kar sakate hai kya ?
Good job 👌 ASEEM SIR
GREAT KNOWLEDGE AND INFORMATION share...
Specially for Students usefull......
Glad, happy to help!
@@ADigitalBlogger sir mane 1.5 cr turnover ki f&n ki hi aur 70k loss hai
Agriculture income 4.5 lack hai muje kitna tax pay karna hoga
Thank you sir for Educating us....
Welcome dear.
Awesome bro most most most valuable video, we are unaware of all this....
Best information on stock market taxation. I alll stock market webinars and seminars all experts are unaware of many things which are explained here.
Thanx for Bringing TAX related video for traders im also a tax student and it helps in both ways 🔥saving vid in watchlist
That's cool Ashwani!
Very useful information..
Thanks for the very good advice and inspiring vedio sir...❤❤❤
What are the income tax liabilities when you profit from E margin? How do you pay tax .? When & how often ?
I will stop supporting BJP government because they are the only who imposed tax on long term. Now they are increasing. They compare with foreign country. Could they compare the Indian currency with USD. If both are equal they can take equal tax. If not stop fooling the innocent investors in the name of gabbar Singh taxes. Or gunda tax. First improve the GDP, INR in comparison to other countries. then impose taxes like other countries
Thanks giving us Valueable knowledge..s 🌹🙏
Thank you so much sir for this valuable information
इस बहुत अच्छी जानकारी के लिए आपका धन्यवाद
I have a doubt that, is tax applicable on saving account which we hold in our banks
Good content covered as usual. Thanks for sharing.
I have one question - Let's say I have turnover of 6 crores for f&o transactions and having net profit of 2 lacs ie. below 6% of turnover. Do I need to get my books of accounts audited?
Same question.. reply please
Since your turnover is less than 10 cr you will not require to audit under sec 44ab ,also sec 44ad is also not applicable to you since your turnover is more than 2 cr .
So in the current scenario you will not be required to get your books audited even if you are shown your profit less than 6 percent of turnover
6cr ki transactions Option selling one month me hui aur 1 lakh profit hua to kitna tax dena padega
What an informative video, thanks sir for your effort.
Thank you sir 🙏, for bringing this kind of informative content for us, it really means a lot.. It clears so many doubt... thanks a lot for creating and sharing with us🙏🙏
Glad, you found this helpful. Keep watching for more.
@@ADigitalBlogger🙏🙏
Bahot accha video banay sir
Thank You Wajeed!
In Intraday and F&O tax is not apply on profit but it apply on sum of profit and loss that is turn over . But in whole discussion you consider only about profit in Intraday and F&O . Can you explain it again
Seems contradictory view
Thanks for informative video that lots of concepts cleared...👌👌
Glad to help Pravin
Bahut khoob sir,. Aap se bhariya detail koi nhi deta hai , really.
Really a perfect video looking for..
There are lot of confusions around Audit and presumptive tax.
Could you please confirm:
Option Selling mein what will be the turnover as usme Profit + Loss + Premium add hota hai kya??
Also if turnover < 1 cr, one doesn’t need audit report? And can show it on their own
@Antariksh
In case of Option, Profit +Loss is counted as turnover
Yes turnover less than 1 cr does not require audit. Even if your turnover is between 1-2 cr, you can go for presumptive taxation. There are further rules beyond 2 Cr.
You can also subscribe to your Y tube channel Rrayze Business Solutions for further information related to taxation
@@CABHAIISHANT Hi Actually confusion starts when Zerodha and few other brokers considered the turnover as Profit + Loss + Option Premium which is making it huge than the absolute P+L.
So, with this we don't need to add premium on sell? Hence Few brokers calcuting our turnover in a wrong way. Really great to elaborate as this question must be among many brokers as very less information available for this.
Thank u so much sir ye video lane ke liye 🥰
Sir, useful information
Concept building and concept clear vudeo, nice.
Specially taxation on Buyback and Turnover calculations concepts, I liked most as before watching this video I was not doing correct process.
Ty for such kind of quality content 😊
Bahut hi badhiya video hai bhai pure youtube pe aisa detailed video nahi hai..thank you so much buddy
Glad could help dear
if govt knows everything why cant they just give us the final tax amount & its breakdown.why do we've to fill everything🙂
Fair
If I'm a student and investing in US stocks from my savings ( as i have no income ) is it mandatory to file ITR? Please reply it will be really helpful 🙏
Bhai mujhe bahr se friends 50000 bhejtey hai month me ek do baar uspe tax lagega?
Same question
इस विडियो के लिए दिल से धन्यवाद 🙏🙏🙏👍👍
Glad!
Very valuable information sir.thank you 🙏🙏🙏🙏🙏🙏
On intraday, if the share purchased 3 times in the day (50+30+20 qty) of rs.(5+3+2 lakhs) and then sold (40+40+20 qty) @ rs. (4.1+3.95+1.95) lakh. In totality, there is no profit no loss( except STT and other charges). What will be the turnover?
20 lakhs
@@Naveen_B64to ab income tax 20 lakh pr lgega ya profit loss or
इंट्राडे में प्रॉफिट जो होता है वह टर्नओवर होता है लेकिन आपका ना प्रॉफिट हुआ ना लॉस हुआ तो कोई टर्नओवर नहीं होगा
TURNOVER WILL BE THE TOTAL OF PROFIT AND LOSS .. both are added not adjusted
Sir Short term Capital gain aur income from other business/salary milakar total income 2.5L se Kam ho to Pura exemption Haina kyun ki total income minimum tax slab ke niche aa Raha hai?
Kindly reply!
yess
Yes @Kamal
But file karna padega kya ?
Is case me kya income tax return file karna mandatory hai?
mere khayal se zaruri nhi hai
Interesting as well as informative. Thank you Sir
Sir you are giving best knowledge thank you
Why not everyone tell about this
If your total income including STCG after applicable tax deductions is below Rs 2.5 Lakh, then your total tax liability is nil and also no liability will arise us/ 111A as deduction up to the basic tax exemption limit is allowed
You mean if someone only doing Swing trade and he has nothing other source of income.
He made below 2.5 lakh by Swing trade then he don't have to pay 15% STCG tax right?
Because his total income below 2.5 lakh and he not come in income tax slab right?
Hello sir 🙏🏻
Me goverment servant hu. Mera annual income 4 lakh hai.
Mera pehla question hai ki, kya Goverment servent Intraday, F&O trading kr sakte hai kya?
Dusra saval hai, Me only F&O trading krta hu. Mene 2022 me 1 lakh₹ lagake 8 lakh profit earn kiya aur 5 lakh loss kiya. Toh kul milake mujhe kitna tax pay krna pdega.???
Bhai sahab, government servant ho to trading chorr do, jis din pakde jaoge job se nikal diye jaoge.
Informative inform sir. SALUTE to both of you 🙏🙏🙏🙏
Thank you sir... App Samjha ne ka style bohat badhia lagta hai... Apki Video se bohat profits mill raha hai🥰🙏🏻👍🤟❤
Glad!
Beginners pehele kamao 2.5lakh se jyada uske uske baad socho taxation ka 😎😎😎😂😂😂😂😂😂😀😀😀😀
2.5 lakh ek din me ya pura saal ka?
@@rdtechnology2004 saal ka bhai ek din kaise hoga
@@KmAjay1 bhai kya swing ya stcg me bhi 2.5 lack tk free h kya??
Ek din se jyada hold karte ho to 10% dena padega 1lakh se jyada kamai hue to agar ek din me hi sell karte ho to slab ke hisaab se lagega tax jo ki 5lakh tak nahi lagega
@@arvindjakhar4791 no free nhi aapko 15% lagega tax lagega
Income 10 lack
1.House rent - 1,20,000
2.Office rent - 1,50,000
3.Employee salary - 4,00,000
4.Vehical dip - 3,00,000
5.Electric and Internet bill - 1,20,000
6.other expenses (food,transport,schools fees ,training fees ) - 3,50,000
Then what my tax..
👍
Expenses are more than incomes.
You are suffering loss, bro...
Government will pay you don’t worry 😂😂
@@nitaigaur8994😂😂 notice aayega😂
Apki income 10 lakh h, apko to Return fill krne k sath me TAN No. Bhi lena padega.😂
Sir aap great information Diya hai dil se thanks 🙏❤️
Few doubts:
1. LTCG taxation:
Let's say I invest 10Lakhs in the property and after 10 years I sell the property for 1 crore then I don't pay tax on the complete 90 lakhs LTCG. Instead, first I consider the govt. inflation % on my investment and try to find what would have been worth in today's time(let us say that it's 20 lakhs) and then I calculate my profit that comes out to be 80 lakhs.
Now when we talk about long-term stock holding how should we calculate LTCG considering 10 lakh investment and 90 lakh profit after 10 years?(should we consider inflation on my investment)
2. Tax redemption via expenses:
What kind of expenses can I claim to save taxes, if I am a salaried person along with an F&O trader? Also, are there any additional benefits if I trade via a registered business along with my job?
Thanks & regards,
Sir, I am a full time trader I don't have any other source of income....suppose that I made a profit of ₹ 30 Lkh. But I am holding my profit in my Demat account ( Not transferring my full profit my bank ).....but transferring a ratio of it suppose ₹ 1 Lkh each month according to my need.....then to I have to give Tax
I have the same question...
@@atulg32 Bhai aap jara apna comment check kar lo mujhe to galat lag raha hai.... 😂😂😂
The tax liability will be created when you sold the shares in profit. Transferring your funds to bank or not does not matter. If you have profit then you have to pay taxes
How much you are making in a day
@@romanreigns8184 20lakh
Nice information 🙏🙏
thank you so much sir aapne mere dimag se bahut bda bojh utar diya thanks ji
My doubt is clear....thank you.
If STCG is below 5lac for non salaried person.. would they have to pay tax?Plz clarify
Yes
उससे यह मतलब नहीं है कि आप सैलेरी पर्सन हो या नहीं अपने 5 लाख प्रॉफिट किया है तो उस पर 15% देना पड़ेगा
If anybody give his account for handling for a 60:40 % share on profit only.
Then can he minus 40% of his profit as expenses as he is giving it as account handling?
No dear. Thats not even legally allowed.
Mera to 50:50% sharing pe hai?? Waise Over all f&o mein agar profit 5 lac se jyada hua to Kitna percent tax pay krna hoga???
Thank you very helpful solved most of my queries resolved
Agar mai sara money apne father ke account me transfer kar du to . Mera account to khali ho jayega. Ab le lo tax😅😂😂😂🤣🤣🤣
To father se le lenge
Then clubbing of income ke under jayega bhai usmai bhi tax lagega 😂 government bahat chalak hai ..2 kadam aage 😂
If i make profit of 50k in short term and my income is around 2 lac
Total 2.5 lac i have to pay any tax?
I think no bcz sir ne bataya hai ki kuch revate mil jata hai ...
You pay tax above 5lac on 1financial year capital gain...
Edited - but i am not sure brother....
Nahi tax nahi lagega
Very informative video. You covered all the basic questions.
its a complete video,thanks
Thank you for the explain tax method
thank you sir bahut badi knowledge ki helpfull video banaya sir aapane aisehi video aam janata ke liye regular banate rahiye sir ,bhagvaan aapako shakti de.
Thanks for the clarifications
Pl discuss senior citizens obligations for tax compliance, having only exposure in share trading and own no assets whatsoever.
It's a bit confusiing, although STT is paid indirectly it still is a direct tax. Please correct if I am wrong. Ishant Juneha mentioned STT as indirect tax.
Very good,,, most needed information...... Great
sir kya baat hain yeh hi cheeze mein samjhna chahta tha thanks apke question bilkul wohi hote hai jo log chahte hai samjhna aur koi channel nahin samjhta
thanks so much
You are doing a great job.
Very nyc explanation in simple way
Superb
Thanks for valuable advice sir.
Thanks dear.
Informative video. ThaNks
Tq sir. Almost all question solve hogye h tax ko lekar.
Tq so much.
Aise hi video banate rahiye.
🙏
Glad could help Aryan!
Thank you sir for good information sharing.
Very helpful video. Thank you.
You're welcome!
Excellent information, Thanks
Glad you liked it
Thank you sir for details video
I share it many more friends 😊 such a great content.
Thank You Dear!
Thank you so much sir ji
Found a good video on stock market taxatation... resolved my queries satisfactorily.
Income tax ke naam se hi trading me ane hi himmat nhi thi,now doubts are cleared..thank you
Glad could help!
Bhai 2.5 lakh tkk monthly salary hogi toh koi tax nahi lagega?
Sir thanks for video helped me alot
Thank you so much bhai
Ye sawal ka jab theek se aaj tak koi nahi diya mujhe
Happy to help Asif!
Thank you❤. Mere ko ek prasna hai, P -TAX or INCOME TAX mai deference Kya hai?
Thanks sir ji
A lot of knowledge of share market ITR, Thanks
Thanks a lot
Glad you liked it Vikash
वीडियो बहुत अच्छा लगा
VERY WELL EXPLAINED.
Really excellent session 👌👍
Very useful information thanks to both of you sir ❤