sir, you have explained the taxation with very simple language and also with suitable example. Many people are explaining the same funda but without suitable example for non commerce background people it is difficult to digest the taxation funda. thanks.
this is the best video to understand, and its available in hindi, very clearly explained, kindly upload video in hindi like this only that everyone can understand easily, good job thank you
Suppose Agar Equity mutual fund mein 1.5L ka loss hua or Debt mutual fund mein 1.5L ka Profit hua,ek saal ke andar hi .To Short term Capital Gain kitna bnega …
Thanks for the great information in the video. One item that was not covered is whether Capital Gains tax on Mutual Funds is computed under the FIFO, LIFO or average cost method? How does the computation change if the portfolio that is being sold contains both short-term and long-term eligible Mutual Funds?
How do I calculate capital gains for sip? Different units are bought at different time, and gains will be different for different units. What about income tax? Is my taxable income considered before or after deducting capital gains tax? Do I need to be a ca to remit mutual funds?
Thank you for taking your time to explain this. You have no idea how many are left out of such valuable financial advice. I have a question in regards to ETFs, i couldn't find the answer. Its simple: - Does the capital gains and Dividends get re invested in ETFs in India? (for ex: the capital gains and dividends of UTI Nifty 50 or ICICI Nifty 50?) If so are they done automatically. - And lastly, can you withdraw dividends and capital gains from ETFs when you want to? Stay safe and thank you.
One doubt please. MF long term capital gains pr 10% tax hota hai (if you profit more than 1 lakh in one year), otherwise zero tax (for less than 1 lakh returns) Agar maine 4 saal me 2 lakhs ke returns paaye to mere profit ko 50 thousand maan kar 0 tax hoga ya 2 Lakhs maan kar 10% tax?
अगर मैंने 2 लाख इन्वेस्ट करके 50 लाख कमाए लॉन्ग टर्म में, तो टैक्स 48 लाख रूपये का 10% लगेगा। उसके बाद जो पैसे मिलेंगे उसमे भी टैक्स लगेगा क्या? Income tax index के हिसाब से?
If i invested 10 lakh & after a year my current value is 12 lakh then what should be taxation if I withdraw only 99,000?? ..and what should be taxation if I withdraw more than 1lakh in same fund???
I have a doubt..if i invest ₹500 in equity fund and gain ₹100 but sell only ₹500 on how much amount will it be taxed (of ₹500) if withdrew less than 1 year?
Nice video and explanation. I have two questions - 1. What is LTCG limit for senior citizens(above age 60) whose annual income is more than 5Lakh? I can see on some forums it says 1 lakh and on some it says 3 lakh. What’s correct? 2. If income of individual is 3Lakh what is LTCG limit for tax free redemption? E.g. annual income is 3.5Lakh. invested 1Lakh in 2018 in equity mutual fund. Current cost is 3Lakh. LTCG is approx 2Lakh,, out of that first 1Lakh is exempted tax free. Can I use remaining 1Lakh in my annual income so that my total income is 4.5Lakh which is less than 5L?
I am investing in MF . I am a student with no Income. My father got retired and got 20lkh and via NEFT I t/f his money in my account (SBI) and invested in MF via Groww. What problems and tax implications can I face ?
I purchased one sip 2018 for 3yr.so 2021 in this yr my capital gain is 3.80lakh this is taxable. per year 1lakh or jis sall redeem karunga uss sal only 1lkh tax free.
@@ETMONEY thank you. Would you provide any service in assessing my portfolio. I have many schemes in my portfolio and I am not able to make out how much tax does I owe, if any. Any help on this would be much appreciated.
Will you please explain how much overall tax a person has to pay for an example of SIP of 5000 per month for period of 25 years with expected return of 13%. Please help us to understand it in more detailed way. I request you. Please.
@@ETMONEY that's means I have to pay first 10% LTCG tax, then also pay tax according to my tax slab after adding LTCG to my taxable income. Twice tax ?
What if i have a sip on mutual funds and and I’m adding 10000 every month and after 1 year i withdraw that amount. What will be the tax implications on that?
In case of SIPs, the taxation is per SIP investment you make. In your case when you want to redeem your investment in 1 year, let's say you start investing from April 2021 and you want to redeem your investment after April 2022. The SIP invested in April 2021 will be taxed with 10% LTCG taxation since this investment will compete 1 year in April 2022 so the gain you make on this investment is no more a STCG. But for every other SIP ie, May, June,....,dec 2021, Jan 2022,...,March 2022 will be taxed on 20% STCG taxation as these SIPs have not completed 1 full year at the time you redeem your money that is April 2022.
sir, you have explained the taxation with very simple language and also with suitable example. Many people are explaining the same funda but without suitable example for non commerce background people it is difficult to digest the taxation funda. thanks.
I saw many video but no one better than this. Very nice persuasion.
Thanks
Awesome explanation, others videos were explaining as if all the viewers watching them are doing ECO hons.
😂.... Correct
this is the best video to understand, and its available in hindi, very clearly explained, kindly upload video in hindi like this only that everyone can understand easily, good job thank you
Gajab ka samjhaya Bhai 👍👍👍
wow very simple and easy video on taxation 🙏😊🙏😊🙏😊
Thank you so much 😀
Suppose Agar Equity mutual fund mein 1.5L ka loss hua or Debt mutual fund mein 1.5L ka Profit hua,ek saal ke andar hi .To Short term Capital Gain kitna bnega
…
Simple and excellent knowledgeable v
I subscribed ETmoneey after watching this video
Keep posting such a wonderful v👍👌
Thanks and welcome
Very simple to understand
Explanation 5 star
Thanks
Great👍👍
Thanks for the great information in the video. One item that was not covered is whether Capital Gains tax on Mutual Funds is computed under the FIFO, LIFO or average cost method? How does the computation change if the portfolio that is being sold contains both short-term and long-term eligible Mutual Funds?
How do I calculate capital gains for sip? Different units are bought at different time, and gains will be different for different units. What about income tax? Is my taxable income considered before or after deducting capital gains tax? Do I need to be a ca to remit mutual funds?
Tell me too bro. I need to know it too, please.
Amazing Explanation All Main Points . Plzz Continue Share More Details All About , IPO , GMP , FUNDAMENTAL ANALYSES And Much More . ✌🏻
Thanks
To the point👌 cleared my queries
Thank u do much for the clear explanation, very professional!!!
Glad you enjoyed it!
Option trading ke tax details mai batao plz...
Finally i found very nice explanation,, great job thank-you so much
You are welcome!
@@ETMONEY Can long-term capital gains push me in a higher tax bracket
Thank you for taking your time to explain this. You have no idea how many are left out of such valuable financial advice. I have a question in regards to ETFs, i couldn't find the answer. Its simple:
- Does the capital gains and Dividends get re invested in ETFs in India? (for ex: the capital gains and dividends of UTI Nifty 50 or ICICI Nifty 50?) If so are they done automatically.
- And lastly, can you withdraw dividends and capital gains from ETFs when you want to?
Stay safe and thank you.
Ok lol 🤦 with 10k gains per year i was worried about tax thanks 👍
Very well explained 😊👍
Thanks a lot 😊
Best explanation
Thanks for liking
Beautiful explanation
Thanks , this is the information I was looking for.
Glad it was helpful!
Sir,if i invest morethan 1L by own self.So,i have to pay tax of it or not ?????......
Sir,i am waiting for your answer...
1lac profit gain par tax nhi lagta hai
Can tax saver MF with locking 3 year also needs to pay tax ?
Yes. LTCG is applicable on ELSS when you redeem the units
Great video. Really well explained. Thanks!
Glad you enjoyed it!
Good information
Thanks
Hi, the content of video is really great.
I wanted to ask few things.
The LTCG is tds done by amc when we sell or do we have to pay on our own ?
Good question 👍🏻
Is STCG TDS DONE BY AMC ?
@@sjshamili have to be calculated by your own under head " other income"
@@Sam-rp4hy which itr from will be filled.itr 1or itr 2
@@raghunathjikacholi5964 no idea about this buddy
Thank you so much 🥰
Any time!
One doubt please.
MF long term capital gains pr 10% tax hota hai (if you profit more than 1 lakh in one year), otherwise zero tax (for less than 1 lakh returns)
Agar maine 4 saal me 2 lakhs ke returns paaye to mere profit ko 50 thousand maan kar 0 tax hoga ya 2 Lakhs maan kar 10% tax?
Sip pe kaise calculate hoga ltcg
If i have invested 10,000 and i withdraw 2000 the next month, how much I will be taxed?
अगर मैंने 2 लाख इन्वेस्ट करके 50 लाख कमाए लॉन्ग टर्म में, तो टैक्स 48 लाख रूपये का 10% लगेगा। उसके बाद जो पैसे मिलेंगे उसमे भी टैक्स लगेगा क्या? Income tax index के हिसाब से?
Very beautifully explained ..... Thanks for the information
Thanks, Wasim. You made our day. :)
I was going to say the same thing. Really, very nicely explained. Confusion cleared now.
How to calculate tax when we are investing in SIP?
Amazing !! Explained in a very simple way. Keep on making such videos
Thanks. Yes, will do. Thx for the warm words
If i invested 10 lakh & after a year my current value is 12 lakh then what should be taxation if I withdraw only 99,000??
..and what should be taxation if I withdraw more than 1lakh in same fund???
15%
After paying STCG OR LTCG is it required to pay income tax for redemption on that assessment year.
Thanks..
Thank you.... Informative
You are welcome
Awesome
I have a doubt..if i invest ₹500 in equity fund and gain ₹100 but sell only ₹500 on how much amount will it be taxed (of ₹500) if withdrew less than 1 year?
You have to pay 15% tax on your gained ammount if redeem before 1 year
@@Mr._Bipin bro is investing in lumpsum is good bro
@@saichaithanyathanda7434 yeah better than sip I think. But have to pay tax 15% of returns
@@Mr._Bipin thank u bro
awesome and easy video I'll share it
Thank you Abhishek Tyagi, much appreciated
Cool videooo
Capital loss no tax need to pay right?
Good explanation.👍👍
Glad you liked it
1 lakh capital gains ek saal ke ya overall sare salo ka , to uspe tax lagega?
Nice video and explanation. I have two questions -
1. What is LTCG limit for senior citizens(above age 60) whose annual income is more than 5Lakh? I can see on some forums it says 1 lakh and on some it says 3 lakh. What’s correct?
2. If income of individual is 3Lakh what is LTCG limit for tax free redemption?
E.g. annual income is 3.5Lakh. invested 1Lakh in 2018 in equity mutual fund. Current cost is 3Lakh. LTCG is approx 2Lakh,, out of that first 1Lakh is exempted tax free. Can I use remaining 1Lakh in my annual income so that my total income is 4.5Lakh which is less than 5L?
Good et money people
Thanks
Very informative..
I am investing in MF . I am a student with no Income. My father got retired and got 20lkh and via NEFT I t/f his money in my account (SBI) and invested in MF via Groww. What problems and tax implications can I face ?
How to calculate in case of sip
What if i withdraw in multiple shots?
1) is Taxation same for an international mutual fund or fund of fund?
2) is Long term taxation same for NRI investment or TDS been deducted?
How to pay mutual fund Tax?
1 lakh ke uper kitna bhi amount ho 1crore bhi to use 10 present he tax lagega
Best video
Thanks
great
Understood capital gain meaning
Example of LTCG is wrong
125000 capital gain in 4 years is not taxable
Thanks
Does indexation is done while calculating LTCG?
What if your portfolio going through a loss and you redeem or withdraw your money from mutual fund within one year
You can take advantage of tax harvesting. We have a video on that on the channel, do watch
Short and well explained
Excellent video information and graphics too 👍🏻
Thank you! 👍
Thank you
You're welcome
Superb 👌 nicely explained
Thanks, Girish. Stay tuned, we have a lot of good content lined up for our viewers. :)
@@ETMONEY Any Gifts for the investors for the New Year?
Long term capital gain tax jo 10% he , kya wo automatic profit se cut ho jata he, ya alag se bharna padta he???
I purchased one sip 2018 for 3yr.so 2021 in this yr my capital gain is 3.80lakh
this is taxable. per year 1lakh or jis sall redeem karunga uss sal only 1lkh tax free.
What if we redeem only upto 1,00,000/- in a year out of the total investments?
This was quite helpful
Thanks
Hello Etmoney Capital gain ko normal income me add kar ke 12500 limit ka Fayda mil Sakta h kya?
Simply awsome
Is LTCG tax applied on each scheme individually (if profit booked separately) or on ALL schemes in portfolio? There is no clarity on this question.
It's applied on the aggregate (not on individual schemes)
@@ETMONEY thank you. Would you provide any service in assessing my portfolio. I have many schemes in my portfolio and I am not able to make out how much tax does I owe, if any. Any help on this would be much appreciated.
This tax gets cut automatically or it has to be filed in itr and pay it
यदि कोई गवर्नमेंट एंप्लोई 10 सालों तक म्यूचुअल फंड में इक्विटी में sip 3000 या ₹4000 कि करता है तो उसे इनकम टैक्स फाइल कब करना होता है बताएं प्लीज
Sir, the 10% tax for over and above 100k profit in case of ltcg is no matter in which tax bracket you are in as part of your salary on employment ?
@@ETMONEY Thank you so much Sir. No one is mentioning this statement.
Bery useful info and very well explained.
Is there a date of 31-1-18 for mutual funds also like capital gains on shares
Will tax be deducted while redemption of units itself at source or we have to pay separately to it department?kindly answer
No TDS. You have to pay tax to the IT Department.
Total 14% tax on LTG
If i buy at 300 and also sell at 300 or less than 300 then if any tax should i pay ?
Apart from ltcg/stcg, are there any other taxes to be paid while filing IT?
Will you please explain how much overall tax a person has to pay for an example of SIP of 5000 per month for period of 25 years with expected return of 13%.
Please help us to understand it in more detailed way.
I request you. Please.
Nice video
Thanks
Hi, Could you tell me, in 2020 after removal of DDT what tax a retail investor has to pay on the dividend received by mutual funds..thanks
If i sell 40lakh or mutual fund then the tax will automatically deducted and come to my bank account or i have to pay personally through ITR file???
Superb voice good job
Does AMC Deduct TDS on short term capital gain during Redeemtion ? Or we have pay tax later on by self?
Hi Rakesh,
AMC don't deduct TDS. You will have to calculate your tax and pay it directly.
@@ETMONEY what about NRI customer customers?
Dear sir, I plz help me for, What % of health & education cess to be paid on Ltcg, thanks 🙏 🙏
0.6%
Can long-term capital gains push me in a higher tax bracket
@@ETMONEY that's means I have to pay first 10% LTCG tax,
then also pay tax according to my tax slab after adding LTCG to my taxable income.
Twice tax ?
If you are investing on more than 1 mutual fund and capital gain of all mf together is >1lakh than what will be the tax implications?
STCG Tax = 15%+cess+surcharge
LTCG Tax = 10%+cess+surcharge for aggregate LTCG over 1 lakh
Nice video, Thanks. But I have doubt, does the calculation works the same way if I put money monthly instead of lumpsum?
If we invest in equity fund over 4 years and withdraw in fifth year, isn't total tax exemption as 4 lakh (1 lakh a year)
Same question I have
Not 1 lakh a year
It's 1 lakh per redemption per year
If I hold for a long time, for 30 years, do I have to pay tax on mutual fund investments? Please sir need your valuable response
Tax for mutual funds and shares are exempted upto 100000 separately or cumulatively?
Cumulatively.
👍🏻
What is corpus
Portfolio value
What if i have a sip on mutual funds and and I’m adding 10000 every month and after 1 year i withdraw that amount. What will be the tax implications on that?
In case of SIPs, the taxation is per SIP investment you make.
In your case when you want to redeem your investment in 1 year, let's say you start investing from April 2021 and you want to redeem your investment after April 2022.
The SIP invested in April 2021 will be taxed with 10% LTCG taxation since this investment will compete 1 year in April 2022 so the gain you make on this investment is no more a STCG. But for every other SIP ie, May, June,....,dec 2021, Jan 2022,...,March 2022 will be taxed on 20% STCG taxation as these SIPs have not completed 1 full year at the time you redeem your money that is April 2022.
@@indian_curry6722 Thank you so much
@@indian_curry6722 bro me agr 10 years k liye sip 5000 rs ki krta hoon toh tax kab dena hota h?
Redeem k time itr bhrna hota h ya every year
@@fitnessofficial3506 Only when you redeem your investment.