Reduce CAPITAL GAIN TAX by 90%! | Tax Harvesting EXPLAINED! | Ankur Warikoo Hindi

When you make Capital Gains on your investments, they are taxed!
But, there is a less-known way you can use, to save those taxes, WITHOUT breaking your compounding.
Let’s figure it out in this video :)
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00:00 Introduction
00:50 Tax Harvesting
02:00 Taxes you need to know
03:00 Short term capital gain tax
03:25 Long term capital gain tax
04:30 Tax Harvesting
05:50 Tax Harvesting on Excel sheet
07:30 Reduce Capital gain tax by 90%
11:30 Capital offset on excel sheet
17:00 4 Things to keep in mind while Tax Harvesting
19:30 Conclusions
#CapitalGains #TaxHarvesting #Warikoo
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[@warikoo]

Check out Ditto insurance here: bit.ly/3v8D3Al Ditto is backed by Zerodha, and with their free consultation, no-spam policy, and honest insurance advice, you can talk to experts who actually care about you. Subscribe to my all new Shorts channel, warikoo Shorts, and learn personal finance and career tips in less than 60 seconds! bit.ly/AWSHORT My first book is out now! The title of the book is also my life motto: "DO EPIC SHIT" Get yours NOW: ankurwarikoo.com/doepicshit

[@faizannasimhyder9011]

But the main challenge here is, we do not remember which stock we bought when exactly.

[@kuleshwarmakar4266]

F & O ke Taxes ka details video

[@faizannasimhyder9011]

@Rajashekhar Nari you can find tour holding details whether or not it is long term or not. First see it then sell

[@rohitsoni9325]

Few Important Points to Note: 1. In case of stocks, when he said "Buy back Instantly", he meant buy back after one day. Else the transaction will be considered as intraday trading. 2. Always calculate broker/SEBI/DP/other charges on broker calculators to know how much you will spend on doing these activities.(Important for people with small portfolios) 3. Do this activity in relatively less volatile times and preferably when there is no trading holiday so as to keep the price as same as possible during your sell and buy transactions. (I did this on less volatile day, sold at 3PM on Monday and bought at 9:15AM on Tuesday)

[@girish.b4]

Hello sir Can we save tax on options ,swing ,intraday trading

[@rohitsoni9325]

Few Important Points to Note: 1. In case of stocks, when he said "Buy back Instantly", he meant buy back after one day. Else the transaction will be considered as intraday trading. 2. Always calculate broker/SEBI/DP/other charges on broker calculators to know how much you will spend on doing these activities.(Important for people with small portfolios) 3. Do this activity in relatively less volatile times and preferably when there is no trading holiday so as to keep the price as same as possible during your sell and buy transactions. (I did this on less volatile day, sold at 3PM on Monday and bought at 9:15AM on Tuesday)

[@arnavkhandekar166]

So brother, while filing the IT return how did you show it? I have never filled IT return before but this will be my first time. Can you please tell how to show the net result of this tax harvesting activity

[@pradeepsharma6235]

Can you clarify when we have realised a loss why we need to buy that stock again for this tax harvesting concept to take place ? What if we just realised the loss and choose to invest somewhere better?

[@the_picsopedia]

Thanks Rohit

[@shouryaprakash7767]

bhai jo shares aap kharid k same day bechoge to intraday kehlayega. Agar aap already owned shares ko sell karke fir buy karenge to intraday nhi hoga

[@financialthoughts3680]

Instantly buying back will not considered as intraday, because the delivery of buying Is different for intraday (generally called as position) and holding (u can sell only next day)

[@fincalc]

Good one sir. Thanks for providing this idea to share with my audience as well 👍🙂

[@akashchakraborty2189]

No video explains tax harvesting such thoroughly...They only show what it is but doesn't dig deeper into it... The magic of excel sheet ❤️

[@rishabhbeniwal5429]

One of the most informative videos uploaded on the channel. Loved it!

[@Balaji.Rajakumar]

We need to watch the broker/SEBI/DP/transaction charges while selling and buying immediately. May work for people with small portfolio were they can offset until 1 lakh gain. But may not be possible for bigger portfolios. Also if people have more number of stocks in their portfolio, may have to pay increased brokerage. But good and informative video.

[@ritesh9347]

One important thing missed here is.... what if the value of stocks is high or low while selling or buying the same stock....entire calculation changes,so think about that as well

[@anujitganguly2029]

Excellent content Ankur. Now, I feel a bit relieved that my loss making stocks can have some utilities too 🤣

[@SvenRolfo2258]

Thanks for watching, For more info and advice on stock and investment!! Participate in the ongoing new investment plan🇮🇳🇱🇷 🇧🇩 🌎

[@shashanksingh-fd6ms]

While calculating tax difference there should be one consideration for brokarage charges as we are selling and buying stocks to keep tax low.

[@karanganeriwal7117]

also the securities transaction tax

[@sukhmandeepsingh3922]

Yeah that's something you gotta add to calculations + if you do bod or sip in stocks that also complicates the things But speaking from my experience it still helps to save you taxes, but your portfolio size should be large

[@Arifkhan-sl8fe]

Inse jyada ummed naa rakho Ye ameer hain aur doosron ko hone nhee denge

[@Arifkhan-sl8fe]

Inka maheene ka kharcha 3 lakh hai

[@Arifkhan-sl8fe]

Hamari income hogi 3 lakh wo bhi annually

[@indraniadhikaryindraniadhi9027]

Sir I love this video this is the best video of tax saving I've ever seen this is a really incredible video

[@mrrishiraj88]

Amazing tips shared with love. We can see your love for us. 🙏🙏😌👍

[@sirimano6104]

Ankur Bhai .. this the best one you have given us so far. 🙏

[@Shashanksingh-lq8uc]

For extra smart people. To book loss, don't take loss making postion intentionally. The taxes you will save will not be more than what you would have earned by investing your money in right stocks.

[@SachinS-sf2vm]

True

[@gonlineaccounts541]

@warikoo Excellent video like always. Just a small point for you to note that in US one has to wait for a month (or may be it is 2 months) before one can sell and buy stock for the purpose of tax harvesting. The alternate way is that one can buy first n then sell the next day (FIFO kicks in and does the needful); or sell a stock and then buy a similar stock from same basket.

[@nagendraprasadashwath7750]

Very neatly explained and your helping many salaried class to overcome burden of tax thru stock/MF investing!

[@patrahk2009]

Best content. Thanks for sharing the knowledge on tax harvesting.

[@joshson3258]

INVESTING MAKE UP THE TOP-NOTCH HEMISPHERE OF WEALTH, THAT IS MORE REASON ONE SHOULD SAVE AND INVEST TO SECURE MORE PROFIT AND ENSURE SUCCESS

[@Mathias-kk5bs]

That is why I had to start forex trading 2months ago and now am making benefits from it.

[@kira-dp3fy]

Thanks for introducing me to Mr Albert Renshu profit of over $44,000 Us dollar

[@davidwyatt2025]

My first investment with Mr Albert gave

[@caromarci7787]

and I can even say he's the most sincere broker I have known.

[@catalinagunter8779]

O' Yes I'm a living testimony of Mr Albert Renshu

[@saiak8258]

A video on ITR filing related to equity stocks is appreciated ☺️

[@AshishKumar-vj7fq]

Thanks for your information as always. Today I learned about it & will definitely use it.

[@KushalAbrol]

Seemed counterintuitive at first but such a useful approach. Thanks Ankur! 😅👍

[@punit5601]

For mutual funds, do we need to wait till settlement after selling before buying it again? Or can we do it even when it's under process?

[@komalsalgaonkar8538]

Sir, how does tax harvesting work if we are on sip on mutual funds and we are keeping it for more than 30 years or so?

[@imtiyazmohammed9189]

This is the best video I've seen on internet today

[@rushabhpatel3323]

it's amazing, I learnt new today from this video thanks man 🙌🙌

[@arfatazizkhan2393]

Sir Aap ne tu "Zor Zor Bolke sab ko scheme bata diye " 😁😂😂😂

[@kcmv4479]

Hi Sir, I need to buy insurance but do I really need to think of going to DITTO, NAVI or other sources ?? It would be great if you could make a video on Ditto and Navi comparison I am just married and your videos are an inspiration the way one should plan a life Thank you for you contents I wish we had this education at least from college if not school life where awareness is more important than just a career. What's the point of investing if you one doesn't know taxation. Once again thank you for everything

[@nischalnayak3008]

This is absolutely gold! Sorry I'm not sharing this with anyone...

[@vshekhar0710]

Thank you for sharing Ankur. This is phenomenal information

[@sravanvulli505]

Hi Ankur, Could you please do a vedio applying this tax harvesting concept with respect to smallcase investment, as it has different charges (i.e., onetime charge if we exist smallcase for tax harvest etc.,). This will be helpful for those smallcase investors who are born from your vedios 😅. Thanks in advance 🤝

[@SvenRolfo2258]

Thanks for watching, For more info and advice on stock and investment!! Participate in the ongoing new investment plan🇮🇳🇱🇷 🇧🇩 🌎

[@punitdubey000]

One thing i didn't understand that.... "Long term capital gain tax is the tax on selling stock that are to be hold for 1 year also for realising P&L for the ITR we have to file each year so , If this is the case then we have to sell & buy stock on 28th November each year such that we realise the P&L then, how we have to give long term capital gain tax ,in this case we have to give short term capital gain tax because even if we sell & buy stock immediately then for the next year we have to do it just next day of 28th November to realise complete portfolio

[@kapilagrawal8338]

Bro, I hope you don't have only 1 stock in your portfolio. U will not only buy and sell the same stock. In this case, you have to transact one by one stocks. U have to sell A if you have A to E stocks and then in next year B or C. B will be long term. I hope you understand my point

[@heervakaw1]

@@kapilagrawal8338 i have similar questions you do this one stock for once and then you dont for entire financial year ?

[@avagarcia6961]

When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.

[@charlottebrown9336]

The market is so volatile now to be depending on bull run to make profit,I advice everyone to trade now with a working program with like that of Kathy Genelle Britton so far she is helping me find investment that has significant growth potential.

[@ParamjeetSingh-vk4md]

Ankur, I think u missed one important point in this video.. 1. In second year onwards, when you are sellling and purchasing again the assets, the prices of stock will change by current date price. Hence, the exact gain for each year will change also..

[@nipunprusty381]

I could make out 2 BIG DISADVANTAGES of tax harvesting for LONG-TERM Value investors. Those are in dividends and wealth generation in long term. @ankurwarikoo sir, if u could know, please make a video on that so that people could be wealthy by not indulging in tax harvesting.

[@aritramondal6475]

That's actually very clever Ankur. Thanks for the advice.

[@jayantpandey8088]

Nice explanation. Thank you

[@neerjamishra9338]

Sir you just explained a complex thing in the easiest way. Loved it ❤

[@shubhamsingla7048]

One thing to remember that Ankur might have forgotten is, as you sell the loss-making stocks and instantly tried to buy those stocks then generally in Demat accounts we didn't get the same amount in that day but got it after the settlement period, so if you don't have already cash in Demat account then you can't instantly buy the stock and in 1-2 day the price might change.

[@amitkar292]

Bro.. You get the 80% amount instantly and the rest amount credit after T+2 days.. So you can buy 80% stocks instantly...

[@lakshmitejas1685]

You can buy sell on same day. Problem is not money here. It will be considered as intraday. You need to buy next day at any cost.

[@himadribarman7385]

@@lakshmitejas1685 I think re-purchase has to be done before the financial year ends, right? But if you wait for long, the stock price will rise up more.

[@lanjuan734]

Good analysis guys, I have been making profit of $8,000 every week from eighteen different stocks which I have been trading from January till date, your analysis is good but trading this stock would increase your equity

[@elizabethrichard7133]

How to get to you

[@elizabethrichard7133]

Do you have a handle

[@graceamos7845]

I haven't been doing too well on stock trading

[@graceamos7845]

I need more insight on it

[@lanjuan734]

You can reach me through my mail

[@nikhilyadav6794]

Best strategy.. thanks alott sir for this video.. You are simply spreading immense free knowledge to us🙏❤️

[@isidme]

This is just so crazy idea, I'm in Australia, we have to pay taxes on all gains, no min threshold like in India; however, I'm pretty sure I can use it to do some magic stuff. Thanks Ankur!

[@akashagarwal5592]

One very important aspect that is missed in this video is that by doing this one won't save tax permanently, it's just that one would be able to defer the taxes.

[@s0ulweaver]

No. You actually do end up saving tax.

[@warikoo]

That’s not true. You actually save taxes

[@akashagarwal5592]

@@warikoo how?

[@akashagarwal5592]

@@s0ulweaver how?

[@ProGaming-yr8xm]

@@warikoo if you sell shares and buyback on same day u also get penalty for doing it! so it better to buy after 2 days !

[@rinkaljain2939]

Hey Ankur, Could you please guide us how can we save taxes while doing SIP , I have 10 Sip worth rupees 5k each which means 50 k in SIP which is basically I am investing due to unplanned expenses.. So in that case how can i save taxes..

[@nitigya]

I think tax harvesting will affect the compounding in case of SIP. Please help, @warikoo

[@sidkuwait]

very clear n crisp explaination...

[@PawanAbhay]

watching this video about 1 year later but still the knowledge gained by this video rocks

[@vanshjain6143]

Sir i have heard that when u sell and buy them on the same day it acts as an " intraday transaction ". So ideally we should buy the share after one or more days. Is it true???

[@vjyrml]

Your correct✅

[@warikoo]

Correct

[@ProGaming-yr8xm]

if you sell shares and buyback on same day u also get penalty for doing it! so it better to buy after 2 days !

[@kuntalkundu6333]

Hi, Ankur I have a question regarding your video. In the first scenario, you have shown the technique of selling the stock and buying it before it accumulate 1lkh capital gain. But according to your video, if we do that every year won't we fall under STCG?

[@pranavkulshrestha21]

After completion of 1 year on that stock / sip

[@sourabhraghuwanshi1910]

Is 1 lakh profit is tax free in short term capital gain

[@poonampatil7800]

I was knowing abt Tax harvesting is something, but the way you explained made me fully understand it, Thanks for sharing knowledge in easy to understand language and by examples

[@apnabini]

👌 You've addressed a crucial topic which every new investor should master before entering the market. I hadn't realized earlier the wisdom in selling losses for the benefits of loss harvesting. Also shifting your remaining capital to a faster up-trending stock can cover the loss, rather than relying on hope. In essence, it's important not to be emotional about losses and to find strategic ways to offset them. Additionally, it's almost mandatory to leverage the LTCG relaxation of 1 lakh before March 31st. If not done, you might not know when your gains will be in the multi-lac range in the future, but the opportunity to benefit from the 1 lakh relaxation will be lost, and you'll be unwillingly pay taxes on the entire amount. Just make sure you sell on very bullish day so that your chances of getting same price is maximized. Also little expenses on transaction will be offset. 👍 if you like the comment

[@nirmalya_ns]

Hello Wariko, I have a question, I'm not getting answer of this anywhere. If my income and capital gain both total are bellow 2.5 lakh less than taxable income then is it necessary to file incom tax return? I'm a student and I make around 1K per month which makes it much much less than taxable income. But I sell some of my investment within 1 year and I'm now confuse if I should file income tax return or not.

[@ashwinnair5858]

@Nirmalya Sarkar If your total income is less than 2.5 lakhs then you are not mandated to file your IT returns.

[@nirmalya_ns]

@@ashwinnair5858 thankyou so much for the information, it is immensely helpful for me.

[@konnichiwa3150]

What if I bought a reliance share (for example) a year ago and again bought it maybe a few weeks ago. Now how will i differentiate in long term wala same share and short term wala share. And how will I know which one I am selling?

[@SvenRolfo2258]

Thanks for watching, For more info and advice on stock and investment!! Participate in the ongoing new investment plan🇮🇳🇱🇷 🇧🇩 🌎

[@warikoo]

First in first out. Which means stocks bought first will be considered while selling

[@shantikumar2570]

Hello Ankur, Thanks for this very informative video. Few things to clarify here, 1. In the process of Tax Harvesting - is it necessary to buy the same stock/ MF again? or we an buy anyone that we wud prefer? and What is the logic if it is a 'yes'? 2. Is it correct that we should not buy the same stock the same day to ensure it is not considered as Intraday trading (applicable only for Shares and not MFs?). Wud appreciate you clarification as soon as psbl please. Thanks

[@strongholdcorporation3268]

Very nice information. Good way to kick out loosing stocks. Thank You. Thank You. Thank You.

[@deepeshpareek8301]

Hey Ankur if you are selling stocks within one year then how it will be considered as long term capital gain.. 3:45 as so explained... So how we can avail that 1 lakh for short term ( if sold within one year )...

[@atifimtiyaznazeer]

so sell after one year

[@bhavyatrivediofficial]

Make a video on... How inflation is a good thing for economy?

[@princechoudhary8215]

Pagal - Wagal Toh Nahi Ho Gayi Ho

[@zyx7955]

Are u mad ?????

[@parthjain1496]

@@shubham82 these are bjp IT bots Who is defending govt failure so that they can win in 2024 election

[@bhavyatrivediofficial]

@@shubham82 do some research.. Before making any statement

[@parthjain1496]

@@bhavyatrivediofficial hike in petrol price is also good for india 😂😂😡

[@neelmuhuri]

thanks for this video wanted to know in detail about it 🙌🏽

[@SvenRolfo2258]

Thanks for watching, For more info and advice on stock and investment!! Participate in the ongoing new investment plan🇮🇳🇱🇷 🇧🇩 🌎

[@sachinpatil2252]

Thanks for this information.... Very useful.

[@rishabbasti8233]

@warikoo hello sir I have a doubt you mentioned we need to sell the stocks of less than 1 lakh capital gains so that we don't get taxes and then buy the stock again.. but won't the price of the stocks be different from the day we bought it one year back basically won't it be costly i mean speaking from an averaging perspective it will cost us a lot to buy the same amount of stocks ??

[@TusharAgarwal_coolNcrazy_champ]

You will get realised profit as well after selling the shares. You are actually utilising the initial invested amount + profit to buy back same shares to cut tax. After you buy back although it may not look good in your portfolio in terms of averaging but you have actually utilised your profit and reduced 1 year of counting on shares.

[@DrArchanaTurimella]

When you are selling you are selling at that moment's market price so you will be buying the same stocks or same MFs at the same price. That's why they said sell and buy immediately..

[@OmGadhiya]

Didn't understood, if I sale my stocks worth 175000 and then immediately buy it at the current prize/ share then how it would be effective ?

[@CamperSquad677]

Let's make it simple. Suppose you buy a stock worth 200000. After 1 year suppose it has 15% gain and it is valued at 230000. Now you sell that stock and earn 230000. Then instantly buy that same stock by giving up 230000 rupees that you earned a while ago. Now your long term capital gain is 30000 on which 0 tax is applicable. In the next year suppose your 230000 is incremented by 15% again and now it becomes 264500. You now sell that stock for 264500 and buy it for 264500 after a while. Now your long term capital gain for 2nd year is 34500 on which no tax applicable . This process thus goes on

[@OmGadhiya]

@@CamperSquad677 *Yes Bro in this para u r 100% right , i have understood this concept , BUT , IF I SELL THE STOCK OF ₹230000 ,THEN HOW CAN I BUY IT WITH A CURRENT MARKET PRIZE BECAUSE THE PRIZE /SHARE WILL BE HIGHER ?* THATS THE CONFUSION

[@pleasedontsubscribeme4397]

@@OmGadhiya yeah, i am also thinking about it, maybe he meant that particular stock you sold or some other stocks with almost same annual returns. This method is effective as you need to understand that the returns are on the total money invested and not on the number of stocks. The money gets compunded, number of stocks is irrelevant in this calculation.

[@nishantpandit2487]

​@@CamperSquad677 short term k lie 1 lac wali chhut h ya nhi please bataye 🙏

[@deepaksurana7948]

Thanks Ankur, for all the great content! Quick question: Is there no "Wash Sale Rule" for Indian equities?

[@novelcret]

This logic works only for small gain/loss, doesn’t apply to large amount of capital gains. Would appreciate if you can share the idea of Capital gain tax offset against borrowing costs

[@shauryagupta2356]

Sir can you relate this thing with that of compounding. Can you make an excel sheet that with the help of not only investing but also tax harvesting how can we retire at age 35 or 40.. PLEASE

[@alexdickson6819]

Hello what is the best way to get started with bitcoin investment or Forex trade cos I have been making my personal research for a while now

[@guccimary3427]

As a beginner who don't understand how bitcoin trade really work and you really want to make profit from it, I will advise you to first start working with a professional broker

[@munnirharuna2279]

+14

[@munnirharuna2279]

09

[@munnirharuna2279]

26

[@munnirharuna2279]

54

[@saurabhpranami6404]

Hii Ankur sir I have been watching your videos since very Long and they are very informative to me ♥️ . Thanks for bringing such a informative content with us . And (I want to know about Japan index nikkei that since 1991 it only goes to 12 % till now so how does that possible what is the reason behind that can you guide me ..) if it is possible than please make a video on thus it will be beneficial for us .

[@ramsinghgodara9798]

Thank you Sir Explain each & every thing in very simple way Wah Wah Sir

[@harshsodhani]

My one friend tried this but selling and buying on same day will be treated as intraday transaction. Hence one day gap is needed. And the next day, prices flew high making losses and third brokerage cost and stt,.stamp duty will be higher

[@harshsodhani]

Sir ji, I hope it should not be sarcasm from your side. You are really great in making videos and motivating/inspiring/mentoring people. I follow your you tube channel and I don't even dare to make any video. Just shared my experience through comment. Pls excuse if you feel bad.

[@mann4976]

Fake reply scammer

[@chhavikantsingh]

@@harshsodhani It's a fake comment just look at the channel's name ... Cross verify by clicking on name of channel and check the videos and number of subscribers. It's a fake account be careful with such idiots

[@sandeeptiwariitis]

I knew this from other you tubers. What I wanted to know here is, if I am doing an SIP on smallcases then how would it be dealt with? Calculating 12 months window will get messy. Please advise.

[@ranjitramakrishnan6823]

It to be monitored with number of units

[@sureshbhange1348]

Thanks. Good explanation. Very clear talk.

[@ramdass559]

Very clear and easily understandable guidance. Thanks. 😊

[@ruthvik_kittur]

Hello Ankur, As far I know, I think we shouldn't buy back the stocks we sold immediately for the purpose of tax harvesting as this would create some regulatory issues ( fine and all). We should atleast wait for a day to pass to buy them back. Posting what I heard somewhere, need to check with actual facts..

[@caesar_cipher]

I agree we should wait at least one day. Because brokers report SFT transactions and send directly to IT to reflect in AIS report. Also they submit report to CAS. Now brokers typically calculate brokerage reports at the end of day. So to make sure this sell and buy are reflected separately , its better to buyback after 1 day Otherwise in worst case, because of netting at EOD you can have BBS instead of BSB (B = buy, S = sell, here the first B reflects the initial buy of stock). So BBS would mean just one shortterm transaction instead of BSB (where we want one desired long term transaction )

[@harshjoshi3204]

😂😂5k savetax and loose 15k

[@soumit.]

How?

[@deepanraj4611]

How

[@sohailKhan-yd9fe]

if you know what is short and long term tax... start video from 5:50

[@legends4387]

Thank you ankur sir....today i learned something new ❤️❤️❤️

[@legends4387]

@Warikoo㊉①⑤⑦⓪③⑥②⑥⑤③⑧ chal be chutiye apne baap ko scam kar 😂

[@Amitparashar14]

This method is bogas.. Let me tell you how.. If that stock is good. You will buy it again for 400 rs then if it goes 600 rs then you have to pay taxes on 200 rs rather than 100 rs..!!!

[@vanshgirdhar9456]

Bro your 200 rs gain will offset by 100 rs loss and you have to pay tax on 100

[@Noproblem45]

​@@vanshgirdhar9456lekin woh already setoff kar chuka hoga tab😂,sahi point pakda h yeh

[@chetan_l]

Well, what about loss carry forward? That will help in offsetting the higher gains (say, eight years later), right?

[@Noproblem45]

@@chetan_l it's real bogas bcuz anyway u have to pay tax ,if u set off now then in near future after having gain u will pay the tax on set off amount too

[@dassanimanisha]

What about the brokerage and other charges which will be added in every transaction

[@nikhilagarwal4884]

After watching this video Me (CA student) be like:- "to fir main kya karu? job chod du?"😂😂

[@sunildhangar7760]

You Are Always rocking...

[@DineshKumar-mi9md]

Guys, you must understand and calculate many things before you execute what Ankur said. 1. You can't buyback the same stock on the same day, at least in Zerodha, unless you have the entire capital to execute your buy order. If not, it will attract short credit penalty. 2. Regarding LTCG Tax or STCG tax, we will take the same example of Warikoo; You buy "X" stock for Rs. 500 and sell it for Rs: 600 after 2 days and your profit is Rs. 100. STCG Tax is Rs. 15 @15%. You buy "Y" stock for Rs. 500 and sell it for Rs: 400 after 2 days and your loss is Rs. 100. STCG Tax is not applicable now because your profit will offset with your loss if you file your tax. In this example are we really making profit? The answer is a big "NO". Because you are losing the given below amount for saving just Rs. 15/- You gained Rs. 100 and lost 100 and hence, your net profit is Rs. 0. What you lose : You will be paying charges towards SEBI, STT, Exchange, GST etc... on the buy side and sell side for overnight trading (not intraday) which is almost 0.12%. For stock X : Rs. 500*0.12% and Rs. 600* 0.12% = Rs. 1.32 For stock Y : Rs. 500*0.12% and Rs. 400* 0.12% = Rs. 1.08 DP charges on the sell side: Rs. 13.50 + 2.43 GST = 15.93. This is applicable for both X and Y stocks. Your total loss for this transaction is 1.32+1.08+15.93+15.93 = 34.26 You are losing 34.26 just to save Rs. 15/- and wasting your precious time on the top of everything and all these exercise is on Zero profit. 😂 Now you take a wise decision!!!

[@ranjankumar-cp8bz]

Wow..thank you Sir🙏

[@shravanbollineni6820]

Hi Sir, Can crypto losses be used to offset other stocks or mutual funds gains?

[@LifestyleEngineer]

very useful concept of tax harvesting... very well explained sir

[@nikhilagarwal4884]

video dekhne walo ke lia ek baat:- stock 1 saal ke baad hi bechna warna 15% tax lag jaega😂😂 --- A CA student

[@harisOdavath]

Great video today. Thank you

[@KrishnaYadav-tf5wu]

Thanks Ankur for a wonderful video...nice concept 👍. My query is why buy back the loss making stock. Just use the money to buy a better/profitable stock 🤔

[@financialthoughts3680]

I was searching for this information for long time.

[@pranay4real]

Always appreciate your content sir 😊

[@SvenRolfo2258]

Thanks for watching, For more info and advice on stock and investment!! Participate in the ongoing new investment plan🇮🇳🇱🇷 🇧🇩 🌎

[@sugatasen6533]

Hi Ankur.. apparently a very clever idea. But as another person has said there is considerable transaction expenses involved which needs to be added to Rs.4k. yet it is attractive none the less. But you never know once you sell your stocks and again buy it back, due to volatility, you may incur loss of the price falls.

[@vikasraghav6004]

love you for this video. amazing.

[@dwarikasharma21]

Considering your example - 1) Buying value will change in every case, if bought stock/mf say Rs- 100 , next time value will be Rs 130-140 so profitability will change. 2) Considering your example it's rare that you can adopt this strategy and makes profit. Since finding such stocks is not easy. 3) Most people in India who are middle class investors rarely pays taxes in case of LTCG they don't make that much profit. 4) No smart investor does this including you. Tell me really have you ever done this ?

[@sanjaymulay9291]

Ankur sir, ye video pasand aaya.

[@saurabhduasd]

One issue noticed: You can't instantly buy shares back , you've to do it next day else it's considered intraday trade

[@watermelon948]

So nice explaination sir. Keep it up.

[@vivekbora7974]

I am just amazed by you like… how you are so okay to show your personal investment, which is not even a small amount..😎 you have always been transparent to everything, that is the reason I trust you blindly 💓

[@s0ulweaver]

You should not trust blindly though

[@vivekbora7974]

@@s0ulweaver neither, you should believe any random Vivek buttering and being nice to a KZbinr. He might be doing this for a ♥️

[@s0ulweaver]

@@vivekbora7974 nor should you take a stranger named Akansha seriously to respond and reveal your underlying reason to comment on the video as by revealing this you further reduce your probability of getting it liked by the uploader.

[@vivekbora7974]

​@@s0ulweaver I have ample amount of heart by Ankur, the only thing lacking in my life was a reply by a stranger named Akansha. Today I got it though.

[@s0ulweaver]

@@vivekbora7974 lol that you did

[@kumarprasoon8881]

Great Content ❤️

[@siddharthakushwaha3168]

@warikoo : can we implement first part of tax harvesting on NPS tier 2 account? If yes, how is duration of investment calculated for partial withdrawal in NPS tier 2?

[@jitendramane617]

Good informative video 👍 but equity brokerages are not considered while selling and buying the stocks while harvesting. How can taxes be saved on short term gains?

[@AnilS30]

Excellent video with detailed explanation with examples.. there is a small challenge in this approach. If we sell today, we get settlement only after 3 days . By the time we get the money in our bank account, the price would have changed (gone up for buying again). What are your views..

[@masumanicebegum9891]

Wonderful video, Never knew earlier

[@NaynaBansal]

Thanks Ankur

[@subhajitghosh313]

Your explanation was excellent over excel sheet . Other youtubers also have shared the same concept but there was lots of doubts . You video clarified everything ❤

[@Admin96]

ᴛʜᴀɴᴋs ☝️ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ ᴀɴᴅ ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@lakshmitejas1685]

Ltcl don't do it. That's drawback

[@AnshumanPratik]

Favorite topic in everyone book PROFIT!

[@aayushsinha2973]

Just to give a perspective - You can save maximum 10k a year by harvesting.