Income Tax on SIP Maturity & Redemption [Excel Examples] | LTCG & STCG Calculations скачать в хорошем качестве

Income Tax on SIP Maturity & Redemption [Excel Examples] | LTCG & STCG Calculations

Income Tax on SIP Maturity & Redemption [Excel Examples] | LTCG & STCG Calculations In this video by FinCalC TV we will see Income Tax Calculation on SIP Maturity or Redemption and also calculate STCG or Short term capital gains and LTCG or long term capital gains based on which income tax will be calculated on mutual funds. Various queries will be solved in this video like what are the STCG and LTCG tax rates in equity mutual funds and debt mutual funds, does tax rates changes with individual's income tax bracket, what if your STCG or LTCG is below basic exemption limit for which you don't pay any tax and many other queries will be solved. Website link with examples: https://fincalc-blog.in/income-tax-on... All excel calculators:    • All EXCEL Calculators   CHAPTERS: 00:00 Income Tax on SIP returns Intro 00:50 Types of Mutual Funds 01:17 STCG & LTCG in Equity Mutual Funds 02:04 STCG & LTCG in Debt Mutual Funds 02:24 STCG & LTCG Tax Rate - Equity 03:54 STCG & LTCG Tax Rate - Debt 04:47 Query: STCG Tax rate based on Tax Bracket? 05:42 Query: STCL (loss) adjustment with gains? 07:17 Query: STCG with income below Exemption limit? 08:53 Income Tax on SIP Excel Examples 11:21 SIP Units calculation formula 14:40 LTCG calculation in SIP returns 15:41 STCG calculation in SIP returns 16:54 LTCG Tax calculation in SIP returns 17:23 STCG Tax calculation in SIP returns 18:12 Tax Calculation in SIP Example #2 23:08 More Excel Videos 24:03 Taxation on SIP returns conclusion Income Tax on Mutual Funds (Lump sum):    • Income Tax on Mutual Funds in India | Capi...   Income Tax Calculation FY 2021-22:    • How To Calculate Income Tax FY 2021-22 | N...   SIP calculator:    • SIP Returns Excel Calculator| SIP vs Lump ...   How Income Tax is calculated on SIP returns? Income Tax rates are based on whether you have invested in equity mutual funds or Debt mutual funds. Based on the type of mutual fund, we need to recognize whether the gains made are short term capital gains (STCG) or Long term capital gains (LTCG). And based on this segregation of gains we can easily calculate income tax on sip returns using the excel calculator as explained in video. What is STCG and LTCG in Equity mutual funds? If you have held equity mutual funds for less than 1 year and made gains, it is called STCG. On other hand if holding period is more than a year, it is called LTCG. For Debt mutual funds, the holding period considered is 3 years. What are the STCG and LTCG Tax Rates? Currently, STCG is 15% and LTCG is 10% on Equity mutual funds. LTCG is applicable only for profits above Rs. 1 Lac in a financial year. For Debt Mutual funds, STCG is added in your income and taxed based on tax bracket, while LTCG is taxed at 20% with indexation benefit. Is STCG tax applicable based on tax bracket? No. You can belong to 30% tax bracket as per your income but you only need to pay flat 15% of tax + cess on your equity funds STCG. Can we adjust STCL (short term capital loss) against STCG or LTCG? Yes, STCL can be adjusted. Is STCG Tax applicable when income is below basic exemption limit? No, Tax on STCG need not be paid if your total income + STCG is below basic exemption limit of Rs. 2.5 lacs in a financial year #IncomeTaxOnSIP #TaxOnMutualFunds #SIP #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 Instagram:   / fincalc_tv   ============================ MORE VIDEOS: SIP Excel Calculator:    • SIP Returns Excel Calculator| SIP vs Lump ...   Income Tax Calculator:    • How To Calculate Income Tax FY 2021-22 | N...   Loan EMI Calculator:    • Home Loan EMI Calculator Excel with Princi...   Loan EMI Prepayment Calculator:    • Home Loan EMI Prepayment | How to Save Hom...   ALL EXCEL CALCULATORS VIDEOS:    • All EXCEL Calculators   ============================ DISCLAIMER: Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown. It is advised to seek professional help before taking any financial decisions. The owner of this channel shall not be liable in any way. 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 website. We do not guarantee of continuity of any content on the website. We may at our own discretion change or remove or add contents.