Hi Mr TAXman, Mr Ravi, & Mr Share Singh If ur regular income ( ie form salary + rent + interest + business + etc) is below the tax free limit, Short term Capital Gains are allowed tax free upto the unutilised tax free income limit. The remaining Short term capital gains will be subject to the short term capital gains tax. Take care. Rgds. SingS Coimbatore
Hi ALL, . Donnot waste your time by blaming Govt., promoters or book runners for high pricing of their IPO's. They are correct... because peoples are ready to buy at high price... If you think the price is high, simply dont apply for that IPO. SEBI's job is not to determine what is the right price. Investors and speculators will determine what is the right price. . REMEMEBR: If you have missed an opportunity to invest is OK, but knowingly dont make loss by applying junk IPOs.
i would like to inform you that short term capital gain in your tax calculation will only applicable when you are falling in 20% and above tax bracket.
short term capital gain will only be applicable in delivery based trading when the STT has been paid at the time of buying as well as selling.
further for margin trade and speculation (f & O) and short sell, short term capital gain will not be applicable and you have to pay the tax at the rate of your tax bracket.
Aap logo ne Reliance Power Ko, NHPC Ko, Pipava Ko, Euro Multivision Ko, Indiabulls Power ki to Khub Charity Diya.
Aaab aa raha hai REC, SAIL, NMDS, MMTC, NTPC ka FPO
Ye FPO aapko bahut hi ache achhe (Unchhheeeee) price me milege. So that from the blessing of Government you may loss maximum. Because in NHPC, there was very less loss.
Right now if market down more than 500 points REC, SAIL, MMTC, NMDS, NTPC will be up. After FPO when market is up by more than 500 points these will be down.
Be ready to give charity to these companies like you have given charity to NHPC and all above companies.
SEBI, Government no one will listen for these pricing.
Can any investor or any person loot to public via IPO/FPO like these companies including PSU are looting to all public?
As I have already cleared, if your income from other source i.e. salery, pension, business etc is nil but you have short term gain then you have to pay tax on short term gain @15% plus cess, if any.
market may hit all new time high around budget. so accoumulate good quality stocks in large cap, mid cap and small cap in samll quantities and forget ipo market for a while. in secondary market there is good change of earning happy investing
If your time horizon is more than one year, ACCUMULATE telecom stocks at every 10% decline.
Bharti, Tata Communication, GTL Infra, Idea may be good picks but left to your choice.
Mid-cap stocks essential to outperform market. 60% Top 200 stocks & remaining mid-caps required to beat broad market.
Wath top rated mutual fund portifolios. They have 50% to 60% big stocks & remaining mid-caps. Too much mid-caps risky & lot of large-caps may lag your returns compared to benchmark index.
RCom, there is rumour of accounting fraud. If that comes out true, it may fall to 11% of life high i.e. approximately Rs.80 (Usually scan tainted companies & Operators counter fall to 11% or below as per technical analysis).
When you compute tax liability on-line, it is very clear that individual need not pay any tax if your total income (including other source) is less than Rs.1.6 lakhs.
If you have less than 1.6 lakh total income (including agriculture income, land, buliding rent, salary / pension, business etc.), then forget about tax filing.
Mr. Share Singh You means if total YEARLY INCOME from short term gain (Short Term Sell)is 20000/- then we have to pay tax of 15% (Rs 3000+ surcharge if any) What if no Tax will be deposited ( Hence no return Submitted) Then...??????
As individual may think he/she have NO Tax Liability till his / her income is upto Rs160000/year Kindly explain this last point ???? Thanks
I want to invest in telcom sector does its right time to invest in this sector.I am keeping my eyes on Airtel,Tata Communication and Reliance Communication in these three script which will best for me or if u guys have any other script please suggest.
Mr. Taxman & Mr.Ganesh Smart, I do not agree with Mt. Ganesh Smart. The question is that Mr.Taxman earns Rs.60,000/- from short term sell and what should be the tax liability on short term gain not on the short sell of shares. It means he is having a short term gain, which is taxable @15% irrespective of your other income. I must clear further, if your other income is Zero even then you have to pay income tax @15% on short term gain i.e. selling of share within one year of purchase.