This blog post details how to report capital gains from shares, mutual funds, and property in the Income Tax Return (ITR) for Assessment Year 2025-26 (Financial Year 2024-25). It explains the classification of gains (STCG/LTCG), calculation methods considering grandfathering, the significant impact of the Finance (No.2) Act 2024 changes effective July 23, 2024 (including curtailed indexation and revised tax rates), set-off rules, and specific ITR schedules (like CG and 112A). It also covers capital gains exemptions and emphasizes reconciliation with AIS/TIS.

Selling assets such as stocks, mutual funds, or real estate during a brief holding period results in short-term capital gains, or STCG. The STCG taxation regulations, their effects, and the most recent revisions for 2024 are examined in this blog. Stricter crypto transaction monitoring, simplified ITR forms, updated STT rates, and improved reporting for high-value transactions are among of the major changes. Discover how to compute STCG, comprehend tax ramifications, and investigate methods for efficiently reducing tax obligations.

An extensive summary of Section 194F of the Income Tax Act in India can be found in this blog post. It describes the main points, the methodology used to compute TDS for various forms of income, and how it affects investments in mutual funds. The blog also covers investor tax preparation techniques and exemptions.

The article "ELSS vs PPF: Which Tax-Saving Option is Better?" compares two popular tax-saving investments in India: Equity Linked Savings Scheme (ELSS) and Public Provident Fund (PPF). ELSS invests in equity markets, offers tax benefits under Section 80C, has a three-year lock-in period, and potentially higher returns subject to market risks. Returns above Rs. 1 lakh are taxed at 10%. PPF, a government-backed savings scheme, also offers tax benefits under Section 80C. It has a fixed interest rate of 7.1% per annum, a 15-year lock-in period, and tax-free interest earnings. The choice between ELSS and PPF depends on an investor's goals, risk tolerance, and investment horizon. ELSS suits those willing to accept higher risk for potentially higher returns, while PPF is ideal for those seeking low-risk, fixed returns. The article provides a concise comparison to help investors decide based on their preferences.