Long Term Capital Gains TAX | Income Tax on LTCG with SIP Examples (Hindi)

Описание: Long Term Capital Gains TAX | Income Tax on LTCG with SIP Examples (Hindi)
In this video by FinCalC TV we will see Taxation on Long Term Capital Gains or LTCG with SIP in hindi. Long Term Capital Gains tax can be easily calculated on the gains made on shares or equity mutual funds by calculating profits after 1 year of selling of shares or equity mutual funds. LTCG tax rate in India is 10% on profits above 1 lakh in Financial year, irrespective of the income tax bracket you belong to and we will see calculations with examples. So let us understand Income tax on long term capital gains with examples.

SIP Calculator Online
https://fincalc-blog.in/mutual-fund-s...

STCG Profits and Tax Calculation:
   • Taxation on Short Term Capital Gains | Inc...  

Sensex SIP Returns Video:
   • ₹2000 SIP Returns in Sensex for 15 Years (...  

JOIN Telegram Group:
https://t.me/fincalc_tv_channel

DOWNLOAD Android App:
https://play.google.com/store/apps/de...

LTCG (Long Term capital gains) Tax Rate: 10% of tax will be applicable on the profits above Rs. 1 Lakh (in financial year) you make as LTCG or long term, which is applicable when you buy and sell mutual fund units after 1 year.

LTCG Example
Let’s say you bought mutual fund units of Rs. 1 Lakh on 1st January 2023 and sell them on 1st March 2025 for Rs. 2.20 Lakh. In this case, you make a profit of Rs. 1,20,000 based on below formula:

Profits = Selling prize - Purchase prize
Profits = Rs. 2,20,000 - Rs. 1,00,000
Profits = Rs. 1,20,000
Now, since the holding period is more than 1 year – between 1st January 2023 to 1st March 2025 (approx. 26 months), the profits made will be termed as Long Term Capital Gains, and will be taxed at 10% rate on profits made above Rs. 1 Lakh.

So tax on Long term gains will be calculated using below formula:

LTCG Tax = Profits above Rs. 1 Lakh * Tax Rate / 100
LTCG Tax = Rs. 20,000 * 10 / 100
LTCG Tax = Rs. 2000
So based on above calculation example, you have to pay Rs. 2000 on the long term profits of Rs. 1,20,000 you made in this mutual fund.

So as seen in above calculations of equity mutual fund taxation, you pay less tax on more profits you make via long term capital gains compared to short term profits.

So hold your mutual fund units for long term!

HOW TO SAVE TAX ON EQUITY MUTUAL FUNDS or stocks USING TAX HARVESTING?
One of the best ways to save income tax on equity mutual funds is using tax harvesting. Which means, the first Rs. 1 lakh profits you make in a financial year will be tax free, using which one can save tax on mutual funds.

After first year redeem only those units that give profits within Rs. 1 lakh, and repeat this process every year. In this way, you can save tax to some extent while selling the mutual fund units.

#LTCG #LongTermCapitalGains #LTCGonSIP #fincalc

============================
LIKE | SHARE | COMMENT | SUBSCRIBE

Mujhe Social Media par FOLLOW kare:
Facebook :   / fincalctv  
Twitter :   / fincalctv  
BLOG: https://fincalc-blog.in
Telegram: https://t.me/fincalc_tv_channel
Instagram:   / fincalc_tv  

============================
MORE VIDEOS:
SIP Returns Calculation:    • SIP Returns Calculation Examples - ₹2000 f...  
Income Tax Calculator:    • Income Tax Calculation Examples between ₹4...  
Loan EMI Calculator:    • Home Loan EMI Calculator Excel with Princi...  
Loan EMI Prepayment Calculator:    • Home Loan EMI Prepayment | How to Save Hom...  

============================
DISCLAIMER:
Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown.
I Am Not A SEBI Registered Adviser. All The Information Provided By Me Are For Educational/Informational Purposes Only. We Do Not Take Any Responsibility For The Accuracy Of The Data But As It May Contain Typographic Or Other Errors And Inaccuracies And We Expressly Disclaim Liability For Any Errors On The YouTube Channel (FinCalC TV). Please consult your Financial Advisor before taking any decision or action in terms of your Finances.