Tax on US Stocks for Indians — DTAA and Form 67 Explained
Hundreds of thousands of Indians now invest in US stocks via platforms like Vested, INDmoney, and HDFC Securities Global. Most have no idea how the tax…
Hundreds of thousands of Indians now invest in US stocks via platforms like Vested, INDmoney, and HDFC Securities Global. Most have no idea how the tax…
Every time you buy or sell a stock on NSE or BSE, a small tax is automatically collected by your broker and remitted to the government. This is the…
Sovereign Gold Bonds (SGBs) are the most tax-efficient way to own gold in India. But the tax rules have two distinct components — the 2.5% annual interest…
The new tax regime became the default from FY2024-25. If you did not actively opt for the old regime, you are already in the new one. This guide tells you…
Filing the wrong ITR form is a defective return. The Income Tax Department will send you a notice to file a revised return — and if you miss the deadline…
HRA (House Rent Allowance) is the single largest tax deduction available to most salaried employees in Indian metro cities. Many employees don't claim it…
Every time you place a trade, several charges appear on your contract note. One of them is GST — currently 18% on brokerage and exchange fees. Most…
Futures and options trading income is the most misreported category in Indian ITR filings. The Income Tax Department actively scrutinises F&O disclosures…
Before April 2020, dividends from Indian companies were effectively tax-free in the hands of investors because the company paid Dividend Distribution Tax…
Losses are painful. But under Indian tax law, they are also assets — if you know how to use them. The rules for setting off capital losses against capital…
Traders who make profits from F&O, intraday, or capital gains often discover — at tax filing time — that they owe a large tax bill with an additional…
The Indian Income Tax Act gives investors multiple legal channels to reduce their taxable income. Most people know Section 80C. Very few fully optimise…