|
|
| Discuss Fire your tax related quieries and i would get it solved!!! at the Taxation Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, I trade in both F&O and cash segment. Suppose I have loss of 20000 ... |
|
|||||||
| Notices |
| Taxation Matters Taxation issues for investors and traders. |
| View Poll Results: Are you able to understand the replies and act accordingly to this thread ?? | |||
| Yes, Clearly able to understand and take action on threads suggestions |
   
|
5 | 100.00% |
| Yes, able to understand BUT NOT able to take suggested course |
  
|
0 | 0% |
| Somewhat able to take desicions, BUT seek professional help in my area |
  
|
0 | 0% |
| Find it tough to understand the replies hence always seek other professional help |
  
|
0 | 0% |
| Not able to understand any of the replies !!! |
  
|
0 | 0% |
| Voters: 5. You may not vote on this poll | |||
 |
|
|
Thread Tools |
| Sponsored Links |
|
#191
21st December 2007, 06:21 PM
|
|||
|
|||
Re: Fire your tax related quieries and i would get it solved!!!
hi,
I trade in both F&O and cash segment. Suppose I have loss of 20000 in F&O and profit of 70000 in cash segment (short Term capital gains) what would be my stcg tax at the end of financial year? regards, Aman1 
|
| Sponsored Links |
|
#192
23rd December 2007, 01:48 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Quote:
Thanks.
|
|
#193
23rd December 2007, 04:07 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Best ELSS at present-
DSPML TAX SAVER PRINCIPAL TAX SAVER Both are well diversified and invest in small and mid caps. I invest in LARGE CAPS directly. In this way I get well diversified exposure.
|
|
#194
23rd December 2007, 05:41 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Hi,
I wanted to know if there are any taxes on the mutual fund capital gain and also on the dividends? e.g. If I purchased a MF for RS 10000 and say after three years I sell the units at 11000, will the capital gain of 1000 taxable?
|
|
#195
23rd December 2007, 06:48 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Thats same old question-
I'll try 1. Stock (investors) & MF with >65% equity exposure-> STCG TAX(1 day to 364 days) 10%, LTCG TAX(365 days or more-NIL 2. MF with <65% equity exposure-> STCG TAX: as per slab rate LTCG TAX: 10% without indexation or 20% with indexation
|
|
#196
23rd December 2007, 06:58 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Quote:
I dunno why you left birla sun life relief , sbi Magnum tax gain & taurus tax saver. They are doing well with all times. Returns are extra ordinarily good.
|
|
#197
23rd December 2007, 11:33 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
I've SBIMTGS '93 scheme and Birla equity plan also but almost 40% times I felt that they were laggards among ELSS MFs but this year I invested in DSPML Tax saver just to save entry load coz I had to switch from DSPML Tech.Com MF coz of $ depriciation but it turned out better than previous ELSSs. Now I will invest all 80C limit in this ELSS. I've RIL, LNT, NTPC, BHEL, POWERGRID etc. Total 13 large caps. So I am free to invest in small n mid caps and you have to be well diversified and long term specially for small n midcaps. So what could be better than such an ELSS. Principal tax saver @ Principal personal tax saver are in my watchlist.
One thing more as age increase one should shift towards large cap ELSS like HDFC tax saver. As far as SBI MF schemes are concerned they are no more in toppers since when Sabharwal left SBI in dec 2006 and joined JM Mutual Funds (JM BASIC).
|
|
#198
23rd December 2007, 11:52 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
As far as tauraus ELSS is concerned just see its portfolio. 27% in reliance capital and 61% in only 5 stocks. This shows poor diversification. Also look at 3yr, 5yr & since launch return you will see huge fluctuation in returns.
|
|
#199
26th December 2007, 06:17 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Hello!
What is the best instrument to invest for the future needs of your 3yrs old kid? The cash gifts he collects at various family functions adds to my income as far as tax view-point is concerned. Can a separate parallel mechanism be maintained so as to unload my own tax burden at the hands of child's cash gifts? plz guide!
|
|
#200
26th December 2007, 09:21 PM
|
|||
|
|||
|
Re: Fire your tax related quieries and i would get it solved!!!
Yes, my sons are also 3.5 yrs old. I am having 80% equity exposure and will reduce it 5% every year. I've surrendered LIC policies. I HATE INSURANCE & ULIP AGENTS JUST LIKE A DRACULA. In my view you can invest in ICICI / PRINCIPAL child benefit mutual funds for them. There should be NO tax liability if MFs will be redeemed when children attain 18 yrs of age. LTCG in Equity MFs>65% in equity are always tax free. ALWAYS GO FOR TERM INSURANCE.
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Fire your tax related quieries and i would get it solved!!!
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Amibroker Database Problem Solved. | rajib333 | Software | 7 | 8th November 2006 05:19 PM |
| Interesting trading related quotes | sh50 | Words of Wisdom | 1 | 16th October 2004 01:11 AM |
| Interesting money management related quotes. | sh50 | Risk & Money Management | 0 | 29th September 2004 10:21 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
