Here is what you need to know. Emotionally and financially, selling a house is a major event. Still, many people wonder, “If I sell a house, how is it taxed?” Let us simplify this so you may better plan and know what to expect. First, what type of tax applies here? In India, selling a house results in capital gain—that is, profit. And that’s what suffers taxes. There exist two forms of capital gains:1. Short-Term Capital Gain (STCG) should be considered should you sell the house two years after purchase. 2. Long-Term Capital Gain (LTCG) Should you sell the house…
Author: Anurag Singh
It’s time to learn how to handle your crypto tax documents if you’ve been investing or trading in Bitcoin, Ethereum, or any other cryptocurrency.The Indian Income Tax Department has begun closely monitoring crypto exchanges.Staying ready is therefore advisable. Let’s dissect this into simple steps so you avoid becoming mired in tax problems. Does one have to pay taxes on cryptocurrency? Yes.Profit from cryptocurrencies are taxed under a unique rule in India.Any gains are paid 30% flat tax; sold or transferred crypto results in 1% TDS (tax deducted at source).As a result, it is crucial to keep all of your crypto…
Although everyone has income tax to pay, the good news is that there are several approaches to get personal tax relief. If you make sensible plans, you can yearly save a respectable sum of money. Let’s examine how you might easily and legally lower your tax load. Personal tax relief: what is it? Personal tax relief is the process of lowering your income tax payable load. This relief provided by the government motivates individuals to save and invest. Several Income Tax Act provisions let it underlie. Common Methods of Obtaining Personal Tax Relief One can save taxes in several ways.…
Many Indians today are investigating international markets. You might have come across the term hedge fund stocks and puzzled about what it meant. Let us dissect it simply here. Stocks in Hedge Funds: One sort of investment fund is a hedge fund. Rich people or large investors pay it money, which is then invested in several areas, including stocks. Hedge fund stocks are those in great numbers purchased by these funds.These are typically businesses that hedge funds think will yield large returns. Why Individuals Track Hedge Fund Stocks? People monitor hedge fund stocks since, before making an investment, hedge funds…
How to pay sales tax in India is a topic that frequently causes confusion. Whether you run an online company or a little shop, you should be aware of the procedure. Let’s keep it straightforward and clear so you may handle your taxes free from anxiety. Define sales tax. Sales tax is the amount included into the cost of sold goods or services. Nowadays, we mostly use GST in India, which took place of the previous sales tax system. Still, many refer to GST using the term sales tax. Sales Tax Paid by Who? Should you sell goods or services…
Ultra high dividend stocks could be ideal for someone who wants to consistently make money from their investments. More cash in your hand results from these stocks paying a sizable share to the investors. Let’s learn about their operations and the reasons behind the increasing curiosity among many Indians for them. Exactly what are ultra high dividend stocks? Ultra high dividend stocks are those of companies paying quite high dividends. Dividend is a portion of the profit of the company distributed to investors. Mostly from stable, profit-making businesses that might not expand quickly but provide consistent income, these stocks reflect…
Many people find filing income tax perplexing. You want to know how much tax you have to pay, whether you are working or earning money in some other capacity. A 2025 income tax calculator can then be of use. Based on your income, savings, and the most recent laws, this basic tool clearly shows your tax. A 2025 income tax calculator is what? An online tool are 2025 income tax calculators. You include your income, deductions, and other information. It then shows your expected tax payment in the financial year 2024–25. Even if you are not from a financial background,…
Every working person has to do—file income taxes. Not everyone, though, clearly understands tax laws. Should you be wondering, “Are there any good personal tax consultants near me?” the response is indeed yes.Nowadays, many Indians would rather avoid mistakes and save more money by seeking advice from professionals. Why would one want a personal tax consultant? A personal tax consultant is someone who assists you with planning, saving, and tax filing. They ensure your return is correctly filed and you pay just what is required.If your income comes from many sources, you might want a consultant. What Services Are Available…
Particularly if you’re not sure what to include, what to deduct, or how to prevent errors, filing income tax returns can be taxing. A personal tax return accountant can then truly be of assistance. Let us examine how they save your money and simplify your life. What is a personal tax return accountant? A personal tax return accountant is a tax professional assisting individuals—not companies—in properly completing their income tax returns. Usually speaking, they are trained tax consultants or Chartered Accountants (CAs) in India. They deal with salaried employees, freelancers, landlords, retirees—basically everyone who makes money and must pay taxes.…
Index tracking funds might be exactly what you need if you’re looking for low-cost, low-stress investment options. Both beginners and long-term investors will benefit much from these simple funds. Let’s investigate their nature and the reasons behind more Indians choosing them nowadays. Index Tracking Funds: What are they? Mutual funds copying a stock market index are known as index tracking funds, sometimes referred to as index funds. They merely match the market; they do not try to outperform it. For instance, a fund following the Nifty 50 invests in the same 50 companies in the same proportion. Thus, your fund…
