How to save tax on stocks and mutual funds legally? What isTax harvesting?

[@SahilBhadviya]

Complete course on money management: www.sahilbhadviya.in/

[@venkateshwaraprabhu8270]

Happy birthday sir 😊🎂 Wishing you many many happy returns of the day May God always bless you and your family 😊♥️

[@prabagaran.s1285]

Please 🙏🙏🙏 NRI TAX HARVESTING 🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@vinaywadhwa99]

Sir, can you please add a comment explaining how this will work on International: Stocks, ETF and Mutual Funds (Index Funds and FOF both)

[@MANOJKUMAR-mo3vc]

The greatest thing on this channel is that everything is explained in English ! Thanks for that !

[@Datntu]

I don't understand why should we pay Tax on everything. Iam paying tax on my Income/Earning after putting all my efforts. and paying GST on each and every purchase i made.and paying tax on investments and for even insurance also i am paying GST. Where is the benefit for middle-class people. Except 360° Tax.

[@Dheerudr]

That is the reason many middle class people who invest in stock market won't even show this income in their itr forms. They hve that confidence that IT people won't bother this small earners .

[@jaseemm3553]

Public roads, govt hospitals, govt edicational institutions, covid vaccine.. Etc

[@ashwin9823]

Totally agreed! Govt's just aiming at looting the middle class and poor. Burdening them with tons of indirect taxes :(

[@drmrahul]

thats our country. Better to go and settle somewhere else. Tax is everywhere but better living conditions

[@Dheerudr]

@@drmrahul In UK health is given free for all tax payers

[@vgupta35]

Great Explanation. However I want to add 2 points. This LTCG & STCG affects rebate under section 87A. e.g. If somebody have taxable salary (after all deductions) of Rs 495K and he earns STCG of 12K then he will have to pay 15% of STCG and will have to pay Rs 12.5 K for income tax which the person could save under sec 87A. There can be many calculations where the STCG & LTCG can do loss for you if you gets rebate under sec 87A. The second point is SIP in mutual fund. In the case of SIP, the time period (LTCG & STCG) counts from SIP date only. Suppose someone is doing 12 SIP in a equity mutual fund in a year, every SIP date will have to complete 1 year for qualifying Long term. Many people do this mistake.

[@sam2011ize]

Not many tax professionals suggest this technique...it is not something out of box but not everyone thought of tax harvesting in this way....👍👍

[@AdvSarin]

Thanks for covering one of the most important point in Income Tax. I am really surprised even many Tax Professionals are ignorant about these benefits and they treat short term gains as income and calculate taxes as income. I think every investor need to save this video and use it while filing return next time. Please surely share all the ways of managing taxes if you can. Because many people are unaware of various sections under which one can save tax.

[@SahilBhadviya]

Thanks a lot. Sure, I will do 👍

[@ghoshsandii]

Sir..unless I transfer my selling value to my bank account ..where is the actual profit ?? After selling if I keep all my money in dmat account and again reinvestment then actually there is no profit realised

[@uvaiseahmed8929]

@@ghoshsandii once you sell it, your profits/loss are marked as realised. It doesn’t matter whether you keep your funds in demat account or bank account.

[@muralirao9566]

@@ghoshsandii Demat account is to hold stocks only and managed by CDSL or NSDL. You keep your money in trading account managed by the broker. You can transfer money from trading account to Bank account as per your investment plan. Trading account balance do not fetch interest.

[@furnitureplusinteriors3238]

@@ghoshsandii it's not like that.. with your pan attached, your profit will show in income tax AIS statement automatically

[@Dheerudr]

Correction*. The word immediately, you need to buy the stock after 1 day because the trading platform considers it as intraday

[@SahilBhadviya]

Yes 👍

[@kfintax1280]

Really I'm searching about this comment

[@Dheerudr]

@@kfintax1280 recently I tried selling my loss shares on NSE and buying the same shares from BSE in. Paytm money , but they charged this as intraday only. So that strategy also doesn't work. One thing that we can do is open a new demat account and rebuy the shares sold in the other demat account. On same day.

[@gauravfulloflife]

I too learnt this recently. There is one more important point that could really help the audience. While your LTCG losses set off against your LTCG profits only. STCG losses can cover both STCG and LTCG profits. 😉

[@AdvSarin]

Very simple & true but difficult to follow unless one stop checking hourly valuation of his shares.

[@PremKumar-kw9mk]

Many Thanks Sahil !! Tax Harvesting technique is new to me ....

[@jivanphadtare5104]

This is one of the topic which i was waiting for...Tnx for coveriit

[@rp47571]

Superb video buddy... Really impressive..... Keep up the good work....

[@nirmalraj4425]

It’s gem of the video. It helps me a lot to know about tax savings. Proud to share. Thank you Mr. Perfect 💐💐

[@yashthakar9441]

The timing of this video is perfect for me.

[@ajayrehna]

Nicely brought out the aspects of Tax saving. Can you explain how to show the office expenditure incurred in intraday and also in option trading. I learnt it somewhere that your internet charges, equipment purchase etc can be claimed. Please throw some light on this

[@madhusworld1807]

Thanks a lot Sahil for sharing such an informative video . Could you please create a video on various ways to save tax, it would be very helpful

[@SahilBhadviya]

sure 👍

[@womenisonereasonbehindever2049]

@@SahilBhadviya it will not work in ltcg if we book profit again invested there than whts the use of it oneday if u sell heavy quantity than u have to pay tax on it and 10000 not saved becoz we it's above 1 lakh than indexation benefit and other charges also deducted after than tax calculated.

[@nandakumar6457]

Hi sir thank u for this video especially for salaried persons. I am also ur course member

[@lalithkumar12]

12:00 this was a question in my mind. Got a answer. Informative as always

[@kishanmishra9603]

As a beginner in stock market this video helped me a lot. ♥️✨

[@JaiminDesai2612]

Yes, please create video(s) on various ways to save income tax. Thanks in advance, Sahil. And of course, great video as always :)

[@swaynecruz]

most awaited video regarding. I believe there are more ways too that I came across somewhere in an interview with Shreyas Bandi. how he had multiple accounts for trading in different names to avoid tax.

[@samueljoseph2821]

Excellent video ! Very clear about tax harvesting etc. Thanks for the same 👌

[@PRAVIN5896]

Simply explain a complicated topic.. Good job 😀

[@muniprakashganji4255]

Hi Brother - your subject is very good and selection of topic is awesome .your videos are really subject render and value basis . your great and respected person in you tube platform

[@sushantsingh7195]

Hi Sahil Kindly guide me three things 1. What about dividend income? 2. Person having earning less than 5 lakhs and do not come in tax bracket? 3. From where I can check my whole year profit & loss at one place?

[@akshayghali7200]

1. Dividend income is to be added to your total taxable income and is taxed as per your income tax slab. 2. I presume you are asking about STCG on debt MFs as equity MFs/stocks have a flat taxation. In case your total income plus STCG on debt MFs does not exceed 5 lakhs (of course, after all the deductions under 80C, 80D etc), then you do not have to pay tax. 3. If you are using Zerodha, there is a section called Console. You will get all the information there on how much profits you have booked.

[@Shivam-vr6eh]

@@akshayghali7200 Bro for 2nd point, It is mentioned that income must be 2.5lkh or below to avoid stcg...I m not sure , u also check thoroughly

[@akshayghali7200]

@@Shivam-vr6eh if the total income is less than 2.5 lacs, one is not needed to file ITR at all (although it's still recommended). One who has total income between 2.5 and 5 lacs has to file ITR but complete tax rebate is given under section 87A.

[@ramharibhosale9181]

Thank you. Good information, Sahil.

[@adinarayana5773]

This information is very much at this point of time..Thanks bro :)

[@kirtikulkarni59]

Very important video as everyone must know about the tax rate.Thank you sir.

[@sundarikalyana8121]

Thanks bro for this most wanted topic... Am from Chennai

[@MrSharad14]

I just hope FM doesn't see this video and brings in changes in budget on ltcg and stcg

[@loke261989]

Anyways she gets Transaction charges and gst when do the adjustments... so she will be happy only...

[@jaik9321]

very good education for investors ; ELSS are a super investment option for salaried...

[@lakshmanarao5609]

Sir, you explained well about taxation on stocks and MFs and also tax harvesting. Please clarify can we sell and purchase again on the same day to get advantage of tax harvesting.

[@abhi-gd3yl]

Well explained.. got some new information.tq

[@dattatrayasankapale5278]

You made my day sir..great idea.!!

[@jayaprakashmar300]

Super star Sahil. Very good knowledge sharing.

[@gazirizwan]

Too good and educative video. 👍👍

[@akm3882]

Kindly add information about Grandfathering clause of Jan 2018 and its tax implications

[@mpsingh6671]

Will we have to pay income tax if we have short term capital gain of 2 lakhs and no income from other sources

[@shanviamazingstuff5417]

Dear sir 2 questions 1. Is Upto 1 lakh tax benefit is not available in short term equity sell? 2. Tax implications on dividend earnings

[@gajendrakhanna5729]

1. No exemption is not available on stcg 2. Taxation on dividends is as per your tax slab.

[@AL_Hindi_014]

@@gajendrakhanna5729 Hi. I have only income from stocks short term . do I have to pay tax for all the profit or for only profot after 2.5 lakh slab ?

[@littlekumar8279]

@@gajendrakhanna5729 THANK YOU SO MUCH..

[@shanviamazingstuff5417]

@@gajendrakhanna5729 thanks a lot.

[@Swami07021985]

@@AL_Hindi_014 Exactly I have the same doubt, if I’m a nre with no income in india and having 1.5 lakh 80 c benefits. can I claim the tds completely and get tax exemption from capital gains profit( if it’s 1 lakh ltcg + 3 lakh stcg)

[@lakshmilaashya1815]

A very unique,different video but it would have been much more beneficial if explained in hindi.God bless u always.

[@rupenderrathi6346]

Great work Sahil bhai

[@kamalrajani7468]

Hi Sahil, very informative as always… didn’t know some of the ways of tax saving and harvesting as discussed in the video… neither are the tax consultants so knowledgeable…and if they are they do not share this information proactively…thanks for sharing

[@DVRK901]

tq Sahil ji for sharing very valuable information, pls keep posting these kind of videos too

[@BK-oj3ld]

You left very important point that no STCG and LTCG upto basic exemption of 2.5 lac.

[@dhanush1457]

Hi Sahil, Can you please create a video on how to save tax and steps regarding filing ITR

[@vikashpatwary3248]

Thank you for the advice... Really helpful video...

[@ganes88]

Very helpful indeed.. appreciate your effort Shail...

[@rajadurai2336]

Great timely video and very useful informations. Thank you

[@sanmatijatale7690]

What a wonderful explanation❤

[@Nishiskitchenrecipe]

Thanks for sharing valuable information ℹ️

[@sanketdoshi2279]

Thanks a ton sahil..have booked so much profits this year..was thinking of a way to reduce tax and this is surely a great way to save tax.

[@neerajrawat17]

Very informative videos. Thanks a lot🙂

[@manishrakundla8205]

Wonderful video Sahil. Thanks Boss !!!!!!

[@jobseekersdestination135]

Thank you for information Please make a video on profit calculations for different instruments by different segment of people. Factors to include for tax calculations from income tax point

[@santudas-yy5ih]

Very nice discussion for tax relief.. 🙏🙏🙏

[@rgtalks2104]

Ohkay so tax harvesting is saving me a lakh rupees a year...but it is also increasing my average price at which I bought the shares (assuming I am buying after selling again the very next day ),which will reduce the compounding effect so in long term...say for next 10/20/30 years... Which is more profitable...tax harvesting or keeping my original average price.

[@The97SHRIKANT]

Nice video , very informative for new retail investors

[@ankitagarwal5118]

Pleaseee also bring about the other ways to save taxes✌✌❤

[@faizansaribond]

I have a NRE PIS account and I get taxed on LTCG even if the profits is less than one lakh, why ?

[@Swami07021985]

Exactly I have the same doubt, if I’m a nre with no income in india and having 1.5 lakh 80 c benefits. can I claim the tds completely and get tax exemption from capital gains profit( if it’s 1 lakh ltcg + 3 lakh stcg)

[@draparnasharma9151]

Thank you much for explaining it so well with simple examples🙏🙏

[@krishnakumarpammi8780]

also missing regarding Shares long/ short term losses can be carried over to next finical years against the long/ short term profits made respectively

[@tablabeatsbysanthoshhegde3188]

What you explained is excellent information. However I understand we can take ₹1lakh exemption on ltcg only if we do not have any stcg in that financial year. Also when we claim this exemption we will loose indexation benifit. Need to check cost benifit analysis on case to case. Also if you book losses against profit booking of stcg, then next year you will have more tax burden

[@mpsingh6671]

Can we offset loss with tax on income from other sources say salary

[@rohitpatankar5542]

Please make video on how to calculate taxable income and how to save it using investment tools like , medical insurance,term insurance,else investment,and home loan

[@sam2011ize]

Sahil doin a good job and you have covered a long way since ur first video..👍

[@advmanojkumar7925]

Great Sahil Sir.... Its really worthy

[@krishnakumarpammi8780]

others than tax harvesting all other taxing are good explanation and advice, but regarding tax harvesting you are the timing the market basics no one can predict generally, my mistakes you sell good stocks to harvest tax you can never get back at your price, also many stocks gives more than ten thousand you get out of selling and buying shares main aim will lose if you plan tax gain loose the track of share movement

[@varunmonga2712]

Thanks for sharing these insights Sahil. This video has really given me to revisit my portfolio to save tax. Keep up the good work!

[@sujeetamin85]

Hi sahil .. can u please make a video on tax for future trading in commodities and stock .. and the difference between tax for a company and individual..

[@octamagus1095]

Sir please do a video to save our Money completely from tax 👍👍 or maximum amount that we can save from tax.

[@sarathchandran1109]

great information. well presented

[@Vishal-rp1nl]

Dear in zerodha where and how we find LTCG & STCG and loss, profit. Please try to explain

[@veenasridhara1204]

How to calculate tax on LTCG, when I sell part of my stocks, when I had bought shares on either SIP or on different months in same year and not at once

[@moulalishaik8659]

Follow FIFO method for sale and purchase.

[@harshithkrishna3883]

For example, If I have made a return of 2 Lakh from 100 share then I will sell 50 share and book a profit of 1 lakh then later again after a day I will sell 50 share and book a profit of lakh. In this case do I have to pay the tax?

[@bitanbiswas390]

Kindly make a video on various ways to save income tax

[@pankajsinghrawat3034]

*Amazing simple explanation of complicated tax structure brother 👍*

[@satish83v]

When we sell short term stocks TDS will be deducted at 15%. But how we can compensate it by using tax harvesting while IT filing ?

[@Nirmal_Hegde]

sooper video, much awaited

[@prasad87v]

If a non-working person or housewife who has zero income but still saves Money, purchase shares and sell them within a year to get some profit, whether he or she will be charged 15% tax as STCG on profit earned or STCG tax be charged only their yearly income is above 2.5 lacs. As below 2.5 lacs yearly income, there is no tax deduction. Kindly confirm on this.

[@krishnamona518]

Superb rendering.

[@sridharkb1391]

Thanks for the important information.👍

[@yadhukrishnan6547]

So please tell how to do with this sip

[@angelinapontes5889]

Yes please make a video on how to save tax by investing in Stocks and mutual funds.

[@gajendrakhanna5729]

This video is on this topic only 🤣

[@ManojYadav-xs6nk]

Great knowledge brother

[@dharmendrachauhan7078]

Thanks for such a lucid analysis.

[@pritu87]

Very nice and informative video! Appreciate!

[@atulchaturvedi1762]

Awesome vedio ,Thanks Sahil for this vedio

[@nagakishore9371]

Hi Sahil, Thank you for the video on Tax harvesting. I liked the video vey much as it can help us in saving taxes on stocks and MF. I have question here... If an investor have 10 stocks (6 stocks have 80K profit and 4 stocks have 40K loss). If he sells 6 stocks which are in profit, he has to pay 12K as STCG tax. If he sells all 10 stocks (and buy 4 stocks which were sold in loss), he has to pay only 6 K as STCG tax. So, savings on STCG tax is 6K. But, the stocks which were in loss he sold for 40k loss and bought the same on next day. During next year, if these stocks get 40 k profit, he has to pay tax for this 40K ie. 6K as STCG tax. Here, whatever profit he is getting in the next year, is not actually the profit, it is compensation to the last year loss. If this is the case, we you are just reducing this year TAX , but paying saved tax in the next subsequent years. Plz answer my query, as I feel I am missing some logic in tax harvesting which you have explained in this video. Thank you.

[@tejashwinimreddy7979]

Pls give info about tax and how to get returns

[@madyec36]

Happy birthday bro 💐💐

[@venkateshp7546]

How to book loss in stock which delist in the FY ?

[@llnvamsi]

Awesome and very clearly explained

[@nishantkalyankarr]

This is an awesome video. Clears a LOT of doubts that I had for a long time ❤️❤️

[@phoenix_ever]

Great video Sahil, thanks. Please make a video on all the possible tax saving options under each section

[@abhishekjha6854]

Time duration for selling and buying it back for harvesting

[@niajmerp]

Good information on tax harvesting

[@insidyes1797]

One concern with this is brokerage charges otherwise i like this concept

[@sabarishkumarmp]

Hi bro Can u pls explain the stock JTL infra.

[@investkamal7068]

Wat about margin of safety?? Margin of safety will get reduce ...??

[@AnupNishad26]

Can someone please explain me the concept, how can we save Rs 10k/year by Tax harvesting? @12:40