Enrol to transfer Capital Losses

How to set up a capital loss on mutual funds, stock, property, gold, bonds?

Investments are exposed to risks. All investments have a certain risk. Shares, bonds, funds, real estate, gold, precious metals, etc. may lose value, sometimes even their value.

What are Capital Assets?

Capital assets normally declare any personal or personal purpose for investment purposes. It includes various types of property, movable or unmarried, concrete or unreliable, or cut or circulating.

The Audit is divided into financial assets and non-financial assets Financial assets are ineffective in representing the value of the physical property. Remittances (Money), the Extra Funds are examples of Financial Assets.

Non-financial assets are assets of physical value, such as real estate, gold jewellery, tools, machines etc,

What are Capital Gains & Capital Losses?

Useful or useful (if any) to make your own capital when you buy or sell it is called Capital Gains.
Also, any loss (if any) that you make on your investment property when you buy or sell may be referred to financial loss/Capital Losses.

Short-Term Capital Gain/Loss – (STCG / STCL)

If financial assets such as Stocks & Equity share investments in less than 12 months then the investments will make a short capital investment capital (or short).

If non-financial assets and some financial assets such as Budget Grants, Gold ETFs, etc., are held for less than 36 months, and the investments will be made by the Short-Term Short-Term Fund (or Short) Short-Term Investment.

Long-term Capital Gain/Loss – (LTCG / LTCL)

If the financial assets are held for more than 12 months, then the property is treated as a Second Income Income. The investment will make additional capital investments in Capital Capital Gain (or) Long-Term Money Problems.

If the non-financial assets are more than 36 months then the investments will make Capital Capital Gain (or) Capital Loss Capital (or) more.

With effective funding from FY 2017-18 / BAS 2018-19, the Long-Term Capital Property Expenses has been reduced to 2 years from 3 years.

Capital asset

How to set off Capital Losses?

As a taxpayer, you can earn income, assets (income), business or skills, capital profits, other sources of income (such as FD / RD interest).
We can not develop capital losses against low-income heads;

  • Income from wage
  • Income From Businesses or Skills.
  • Domestic property income (rental income and capital gains on real estate sales).
  • Other sources of income.

For example: If you have a loss of capital investments, you may not be able to put any capital loss on your income.

The capital problem can be just as capital gains.

For example: If you have a loss in the stock of investments, you may have the loss of these assets for sale of property (if any).

“Long-term Income Problems can only be settled with the exception of the Investment Guarantee of Future.”

“Short payrolls are allowed to counteract both short-term earnings and short-term earnings.”

How is Market Markets & Integrated Equity Markets?
Below is an overview of the Corporate Accounting Principles on Sales Stocks, the Accident Investor Relations Principles, Debt & Bonds;

Long Term Capital Losses
How to reduce the loss of capital for non-property investments and non-financial assets?

Below you will find detailed information on the loss of capital in relation to the sale of property, the interest rate for interest (non-property), gold jewellery, ETFs Gold (Money Making Products).

Short term Capital Loss

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Post Office Small Saving Schemes

Latest savings schemes of the post office

National savings plans (NSS) is one of the most popular savings schemes in India. These are regulated by the Ministry of Finance. They offer the total security of the investment combined with attractive returns.

Some of the very popular schemes that fall under NSS are the following:

  • PPF (Public Welfare Fund)
  • Scheme of Sukanya Samriddhi
  • Monthly Income Plan (Monthly Income Account)
  • Savings scheme for senior citizens
  • KVP (Kisan Vikas Patra)
  • NSC (National Savings Certificate)
  • Temporary deposits &
  • Recurring deposits.

Small savings schemes Interest rates and new standards April 2016

Let’s look at what are the changes that have been implemented with respect to the interest rates of the small savings schemes:

  • Under the current rules, the interest rates on these small savings plans are linked to the performance of government bonds of comparable maturity (with a small profit margin) and are reviewed once a year. The brand here refers to ‘Spread’.
  • The government has decided to review the Interest Rates of the Small Savings Schemes quarterly Basis.

Small Saving Schemes

  • Savings schemes such as Sukanya Samriddhi, Savings Plan for Senior Citizens and Monthly Income Plan enjoy ‘spreads’ on the comparable G-sec rate of maturity, namely 75 basis points (0.75%), 100 bps (1 %) and 25 bps respectively. These margins/margins have not been touched by the Government.
  • Also, it includes 25 points for long-term facilities, such as the five-year deposit, the five-year National Certificate of Nuclear (NSC) and the Public Employment Fund (PPF).

Post Office Dakh Ghar Small Saving Schemes

Last savings plans of the post office Interest rates FY 2018-19 (July to September 2018)

Interest rates apply in several small portions of rubies for July to September 2018 as 1,07.2018 would be the following:

  • The new interest rate in Sukanya Samriddhi Scheme (SSA) is 8.1%.
  • The new interest rate in PPF (Public Pension Fund) would be 7.6%.
  • The interest rate of the Saving Scheme for the Elderly (SCSS) has remained the same at 8.3%.
  • The new interest rate on Kisan Vikas Patra (KVP) would be 7.3%.
  • The interest rate of the National Certificate of Savings (NSC) to 5 years is 7.6%.
  • The new interest rate in the MIS post office (Monthly Income Plan) is 7.3%.
  • The interest rate in a postal office of 5 years RD (Recurring Deposit) would be 6.9%.

Post Office small saving schemes

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Income Tax Return Filing

AY 2018-19 Income Tax Return Filing | Which ITR Form should you file?

The Central Board of Direct Taxes has notified the new RTI forms for the AY 2018-19 Income Tax Return (for the 2017-18 fiscal year). To facilitate the filing of inquiries, some sections of the forms have been streamlined.

The new form of ITR in PDF format is made available, while Excel (or) Java Utilities for IS 2018-19 will be available soon on the income tax India e-filing website.

What is Assessment Year (AY) & Financial Year (FY)?

The fiscal year (FY) is the year you earned the income. If you file a return this year, the fiscal year will be 2017-18. For example, if you had an income between April 1, 2017, and March 31, 2018, then 2017-18 will be designated by AF. The assessment year (YY) is the year in which you file returns, that is, 2018-19. The last filing date for the 2017-2018 fiscal year is July 31, 2018 (as of now).

Income Tax Slab Rates for FY 2017-18

The income tax slabs & rates are categorized as below:

  • An individual resident under the age of 60 Years.
  • Senior Citizen (an Individual resident who is of the age of 60 years or more but below the age of 80 years at any time during the previous year).
  • Super Senior Citizen (an Individual resident aged 80 years or more at any time in the past year).

Income Tax Return Filing

New ITR 1 (Sahaj) Form For Year Analysis 2018-19

Direct Tax Central Board (CBDT) has filed a Form of Tax Return Form (Form ITR) for Assessment Year 2018-19. For the Year of Assessment 2017-18, a single page simplified by ITR Form-1 (Sahaj) was notified. This initiative benefits from the 3 crore taxpayers, who have submitted back to their respective Forms. For the Year of Assessment 2018-19 also, one page simplified ITR Form-1 (Sahaj) has been notified.

  • This form can be used if you have;
    • Salary or Pension Income
    • Income from a home owner’s property (excluding cases where loss has been lost from previous years)
    • No business income / no Capital gains
    • No asset in a foreign country or no income from a source outside India
    • Agricultural  income which is less than Rs 5,000
    • Income from other sources like FD/Shares/NSC etc.,
    • No income from lottery or horse racing.TR Form-1 (Sahaj) may be filed by an individual resident other than an unusual resident, earning up to Rs 50 lakh and receiving income from salary, home property / other income (interest etc.).
  • Additionally, home-related salary and property components have been rationalized and provide basic salary details (such as those available in Form 16) and income from home property has been reimbursed command.

  • Click here to download a new ITR 1 Form for IS 2018-19.
  • Please note that NRIs can not file form ITR-1 from IS 2018-19 until the beginning.

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