Tax Planning Through Minors

[@Oxygenfactory1]

Yadnya always surprise viewers by quality of knowledge provided. This group has no parallel in India.

[@myyt.handle]

Sir, Thanks for the great info. I have one question. If we invest in equity mutual funds in the name of a minor, while I withdraw it after the minor turns 18, will they have to pay 10 % tax on gains above 1 lakh which is the LTCG on equity?

[@siddharthrajawat89]

Obviously yes

[@Singh_knowledge]

Can minor invest in elss under 80c will the minor get additional deduction of 150k under 80c other than parents

[@SD-ld5lz]

Can gifts received my minor be invested in stock market and later years LTCG be taxed in the hands of minor

[@Manish9Bavaskar]

Thanks for the information sir ji... Agar mai bacche k nam se pan khol kar demat me shares ya etfs sip karta rahu aur after he is getting adultI I'll withdraw.. The amount will taxable according to his income slab.. Right sir..! But that time I'm also retired person.. So which is best plz tell me❤🎉

[@docshilu]

Good morning sir very informative video. Scholarship comes under active or passive income or exempt income? Plz reply

[@vinodKumar-jk6fn]

Excellent clearcut

[@pprao2006]

Wonderful 👏👏👏

[@umakantkhedkar9962]

Nice information Yogesh Sir

[@gr06051985]

Hi Sir Great Video. Can we file an ITR with zero income for minor?

[@mukeshmah71]

Thanks

[@legendsgaming2859]

Sir I have a doubt ,will there be tax exemption if father send money to his minor child(no investment)? Please Reply❤.

[@istuteja7040]

Can a business be started in the name of a minor ? Whether income from such business will be passive or active ? Will it be considered as active income ?

[@bharat6025]

Sir, बच्चे के सेविंग अकाउंट में 1 लाख ज़मा है। वो अपने नाम से demat account ओपन करके ट्रेडिंग करता है। उस income पर टैक्स कैसे लगेगा।

[@vishals7313]

Sir as a father can I invest 1.5L in my account and 1.5 L in my minor sons account in PPF every year?

[@vineetu8121]

No

[@vishals7313]

@@vineetu8121 can I invest in both the accounts in case I am not claiming sec 80c by investing in PPF?

[@legendsgaming2859]

Yes,you can I think

[@smsm529]

Thanks. But, what limit is set for gifts to minor ? Upto what amount can a minor receive gift ? Is 50k a cap for the gift for an annual year ? Can mother and father each separately gift to their minor child?

[@shrinidhira6050]

Even I have the same doubt

[@PT11111]

Same doubt

[@RAVAL39]

Waiting a reply on this...

[@ramyasri6093]

Please clarify sir

[@chiradeepg]

Gift from direct blood relatives, such as father or mother anyway have no limit. The 50k limit is gifts only from others and yes it’s every year..

[@mksingh4946]

Good information

[@akshaychougule5503]

You are wrong & that too very basic lavel. Try to register minor PAN & see what income tax portal says. Minor can't file his own return.